FORECASTING: Peter Thiel speaks on CBS' 60 Minutes about his 20 under 20 Fellowship, delivering familiar warnings about the higher education bubble and the danger behind equating college with success. To which entrepreneur and professor Vivek Wadhwa rebuts on grounds that Thiel's philosophy is out of touch with common folks. His just-as-gloomy forecast for Thiel: "the majority [of the Thiel Fellowship fellows] will fail." Read the full transcript here.
