Peter Thiel, businessman and philanthropist, offers young people fellowships to start their own businesses instead of going to college; one of the first recipients is Dale Stephens, founder of the website uncollege.org. Richard Vedder, the American Enterprise Institute has argued that colleges are failing to educate students while getting more and more expensive. An Economics Professor, Andrew Sum, at Northeastern University, has pointed out that many young college graduates, age 25 and younger, are forced to take jobs in customer service and retail that don't make use of their college degrees, while these students are still paying very much for them. Well, though there are many arguments regarding the importance of college degree, but at the same time we cannot deny the fact that in our society college degree is still very important. What do you think about today's degree? Are they really useful? If you know any examples of alternatives to college that are working well, please let us know.