Peter Thiel on college: "far worse than I even thought ... a lot of the students got ripped off."

What have you learned getting people to quit school, giving them $100,000, and then how many parents call you and get really upset that their kids are quitting school. I think the universities are far worse than I even thought when I started this thing. You know, the student debt was 300 billion in 2000, it's uh it's basically uh close to two trillion at this point.And then if you look at it by cohort, if you graduated from college in 1997, 12 years later, people still had student debt, but most of the peop ...