Peter Thiel's 20 Under 20 Announced - will pay these 20 students to drop out

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Simfish
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Peter Thiel's "20 Under 20" Announced - will pay these 20 students to drop out

http://thielfoundation.org/index.php?option=com_content&view=article&id=26&Itemid=19

Interesting. twofish-quant might like this.

I wonder how they'll fare if they later decide to return and apply to grad school.
 
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Interesting. I don't see where it specifically says they must drop out though?
 


He first gained attention for innovations in banking and startup finance. Today he is known as the mentor of the PayPal mafia of entrepreneurs, as well as for his warnings of a coming technology deficit with severe economic consequences.

What does he mean by 'technololgy deficit'?