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Two years ago, PayPal founder and libertarian futurist Peter Thiel declared higher education "a bubble" and decided to give 20 bright young things $100,000 each to quit college and start a company instead.

Harvard hasn’t exactly shut its doors since then. But over half of all private colleges in the country did just report flat or declining enrollment, despite record tuition discounting. (Maybe there is something to this bubble talk.) And how have the "20 Under 20" fellows from 2011 and 2012 fared? They have founded over 30 companies and raised a reported $34 million thus far, from venture investment, sales and revenue, sponsorships, and awards.

To read the original article: 1 | This Year's Thiel Fellows Include A Fashion Designer, A Poet, And A Harvard Dropout | Co.Exist: World changing ideas and innovation