Thiel Fellows Program Is “Most Misdirected Piece Of Philanthropy,” Says Larry Summers

Two years after billionaire tech investor Peter Thiel announced an experiment to pay bright high schoolers to drop out of college for $100,000, the Thiel Fellowship program hasn't won over education leaders.

"I think the single most misdirected bit of philanthropy in this decade is Peter Thiel's special program to drop out of college," said former Harvard President Larry Summers at the Nantucket Project conference during his first public appearance since removing himself for consideration for federal chairman.
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