Do you need to go college?

Peter Thiel writes:

Perhaps the least controversial thing that President Obama ever said was that “in the coming decades, a high school diploma is not going to be enough. Folks need a college degree.” This vision is commonplace, but it implies a bleak future where everyone must work harder just to stay in place, and it’s just not true. Nothing forces us to funnel students into a tournament that bankrupts the losers and turns the winners into conformists. But that’s what will happen until we start questioning whether college is our only option. . . .

If a college degree always means higher wages, then everyone should get a college degree: That’s the conventional wisdom encapsulated by Obama. But how can everyone win a zero-sum tournament? No single path can work for everyone, and the promise of such an easy path is a sign of a bubble.

Of course, you can’t become successful just by dropping out of college. But you can’t become successful just by going to college, either, or by following any formula. Bill Gates, Steve Jobs and Mark Zuckerberg aren’t famous because of the similar ways in which they left school. We know their names because of what each of them did differently from everybody else.

Learning from dropouts doesn’t require closing colleges but rather questioning them carefully. Higher education holds itself out as a kind of universal church, outside of which there is no salvation. Critics are cast as heretics or schismatics endangering the flock. But our greatest danger comes from the herd instinct that drives us to competition and crowds out difference.

A Reformation is coming, and its message will be the same as it was 500 years ago: Don’t outsource your future to a big institution. You need to figure it out for yourself.

The whole article is worth reading.

Why have we stopped being optimistic about the future?

Virginia Postrel writes:

I sympathize with science-fiction writer Neal Stephenson and venture-capitalist Peter Thiel, whose new books lament the demise of grand 20th-century dreams and the optimistic culture they expressed. “I worry that our inability to match the achievements of the 1960s space program might be symptomatic of a general failure of our society to get big things done,” writes Stephenson in the preface to "Hieroglyph," a science-fiction anthology hoping “to rekindle grand technological ambitions through the power of storytelling.” ...

[W]e have plenty of big projects. The human genome has been sequenced. Enormous libraries of books and collections of paintings and drawings have been scanned and made searchable online. James Turrell is making great monumental art in the Arizona desert. Three -- three! -- billionaires are running their own space programs. Space is so popular among his peers that Bill Gates, whose own modest goals run to conquering malaria and other tropical scourges, finds himself telling interviewers that “it’s not an area that I’ll be putting money into.” If there’s public malaise about progress, it isn’t because nobody is doing anything bold....

The reason mid-20th-century Americans were optimistic about the future wasn’t that science-fiction writers told cool stories about space travel. Science-fiction glamour in fact worked on only a small slice of the public.... People believed the future would be better than the present because they believed the present was better than the past. They constantly heard stories -- not speculative, futuristic stories but news stories, fashion stories, real-estate stories, medical stories -- that reinforced this belief. They remembered epidemics and rejoiced in vaccines and wonder drugs. They looked back on crowded urban walk-ups and appreciated neat suburban homes. They recalled ironing on sweaty summer days and celebrated air conditioning and wash-and-wear fabrics. They marveled at tiny transistor radios and dreamed of going on airplane trips.

Then the stories changed. For good reasons and bad, more and more Americans stopped believing in what they had once viewed as progress. Plastics became a punch line, convenience foods ridiculous, nature the standard [warning: New York Times link] of all things right and good. Freeways destroyed neighborhoods. Urban renewal replaced them with forbidding Brutalist plazas. New subdivisions represented a threat to the landscape rather than the promise of the good life. Too-fast airplanes produced window-rattling sonic booms [NYT link]. Insecticides harmed eagles’ eggs. Exploration meant conquest and brutal exploitation. Little by little, the number of modern offenses grew until we found ourselves in a 21st century where some of the most educated, affluent and culturally influential people in the country are terrified of vaccinating their children. Nothing good, they’ve come to think, comes from disturbing nature.