Community Corner

Poll: Is College Education Still Worth the Money? ‘60 Minutes’ Guest Says No

Peter Thiel is paying young entrepreneurs $100,000 to drop out of their universities to seek success.

The same day that San Diego State University held the last of several commencement events, 60 Minutes featured a segment that unceremoniously threw water on the value of a college education.  In Sunday's report, Morley Safer talked to Peter Thiel, the PayPal billionaire who is paying youngsters $100,000 to drop out of college and pursue their own business dreams. But without the seed money, what are the typical student's chances of success without higher education? What is the tipping point when years of debt keep college from penciling out?

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