• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

Sam Altman says a 'cool use case' for ChatGPT is a daily AI podcast about your kids. The replies were brutal

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

Sam Altman says a 'cool use case' for ChatGPT is a daily AI podcast about your kids. The replies were brutal
SuccessColleges and Universities

Former Goldman Sachs CEO Lloyd Blankfein says Peter Thiel is wrong: College is worth it because it makes you a ‘complete person’

Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
Down Arrow Button Icon
Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
Down Arrow Button Icon
February 20, 2026, 11:09 AM ET
Former Goldman Sachs CEO Lloyd Blankfein
Former Goldman Sachs boss Lloyd Blankfein hit back at tech leaders who say the degree is dead: Attending college is actually one of the best ways to open doors and grow confidence. Stephanie Keith—Getty Images
Add Fortune on Google for similar content.

Business leaders are butting heads over whether the college degree is dead, arguing over its usefulness and overall value. Palantir cofounder Peter Thiel is meanwhile luring young entrepreneurs with $200,000 grants to ditch the “corrupt institution” of higher education and “build new things.” But Lloyd Blankfein, former CEO of Goldman Sachs, is hitting back with his own two cents for budding workers. 

Recommended Video

“I strongly disagree with the technology investor Peter Thiel,” Blankfein wrote in an excerpt from his upcoming memoir, Streetwise, shared with Vanity Fair. “To succeed in a career, you have to know the technical minutiae of your field, of course. But you also need to be a complete person—the kind of person other people want to engage with.”

One of the best ways that aspiring professionals can grow as individuals and set themselves up for career success is by going to college, Blankfein advised. 

The longtime executive is an alum of both Harvard University and Harvard Law School, and in remembering his undergraduate years recalled he “survived” the experience more than he enjoyed it. Blankfein conceded the Ivy League school might not be a perfect fit for everyone, but it undeniably opened doors for his future career and was “the best place to have gone.” 

The ex–Goldman Sachs leader says the school nurtured his confidence, writing skills, love of history, and engagement with current events. And he might have missed out on that growth if he’d skipped the experience altogether; Blankfein recognizes the value in a liberal arts education.

“Your undergraduate years are your best opportunity to make yourself uncomfortable in a way that can help make you more curious and interesting,” Blankfein added. 

The anti-college Thiel and Meritocracy Fellowship

Blankfein’s vocal appreciation for the college experience comes at a time when some tech leaders are challenging the efficacy of higher ed. 

Just last spring, Palantir launched its Meritocracy Fellowship: a four-month, paid internship for recent high school graduates not enrolled in college. During their stint at the company, Gen Zers learn about U.S. history and foundations of the West, and work alongside Palantir’s full-time employees in solving technical problems and improving products. 

The gig was advertised as a way to “get the Palantir degree” and “skip the debt. Skip the indoctrination.” Cofounder and CEO Alex Karp added that the internship was created to combat the “shortcomings of university admissions.”

“Opaque admissions standards at many American universities have displaced meritocracy and excellence,” the Palantir job posting said. “As a result, qualified students are being denied an education based on subjective and shallow criteria. Absent meritocracy, campuses have become breeding grounds for extremism and chaos.”

And Palantir cofounder Thiel has been disrupting the college-to-job pipeline for much longer. Since 2011, the Thiel Fellowship has been handing out sizable grants to young people who are willing to drop out of college and launch their businesses. 

The program has minted around a dozen unicorns so far, with notable fellowship alumni including Figma cofounder Dylan Field and Scale AI creator Lucy Guo.

The CEOs who agree that college degrees are still important

The former Goldman Sachs CEO isn’t the only business leader espousing the value of college degrees. Cofounder of AI giant Anthropic Daniela Amodei believes the liberal arts won’t fade into the background in an increasingly tech-driven world—they’ll actually be pushed to the forefront of innovation.

“I actually think studying the humanities is going to be more important than ever,” Amodei said in a recent interview with ABC News. “The ability to have critical thinking skills and learn how to interact with other people will be more important in the future, rather than less.”

Even leaders who achieved massive success outside of corporate life advise aspiring professionals to stay in school. 

Multimillionaire music icon Usher did not attend college himself, but he still recognizes the value of attending university. However, he cautions that one slip of paper won’t carry them far—budding workers need to work hard and put their skills to good use once they set foot off campus.

“A diploma still matters, yes of course it matters, but it’s not the paper that gives the power, it’s you, you create the value behind that degree,” Usher told graduates of Emory University last year. “It is your ambition, it is your integrity, it is your hustle, it is your heart; that’s how you lead, that’s how you serve, that’s how you choose to show up when no one else is watching.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Success

PricewaterhouseCoopers (PwC) CEO Paul Griggs
SuccessCareers
PwC U.S. CEO advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role’
By Emma BurleighAugust 3, 2026
9 hours ago
Photo of Sam Altman
SuccessWealth
Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity
By Preston ForeAugust 3, 2026
10 hours ago
cs
AIEducation
The computer science major is dying so that the AI literacy minor can be born: ‘we have to democratize it’
By Heather Hollingsworth and The Associated PressAugust 3, 2026
13 hours ago
Elon Musk is photographed at Space X in Brownsville, Texas
SuccessSpaceX
Elon Musk wants engineers and trade talent: All you need is 3 bullet points, a résumé, and a desire to create the best data centers ‘off Earth’
By Eleanor PringleAugust 3, 2026
14 hours ago
AI is creating a two-speed jobs market in the UK, Indeed says
AIthe future of work
AI is creating a two-speed jobs market in the UK, Indeed says
By Irina Anghel and BloombergAugust 2, 2026
1 day ago
As AI creates more entrepreneurs and a skills mismatch, Gen Z faces the choice of being a specialist or a ‘general-purpose nerd’
Successthe future of work
As AI creates more entrepreneurs and a skills mismatch, Gen Z faces the choice of being a specialist or a ‘general-purpose nerd’
By Jason MaAugust 2, 2026
1 day ago

Most Popular

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
2 days ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
Economy
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
2 days ago
Sam Altman says a 'cool use case' for ChatGPT is a daily AI podcast about your kids. The replies were brutal
AI
Sam Altman says a 'cool use case' for ChatGPT is a daily AI podcast about your kids. The replies were brutal
By Holly Van Leuven and Morning BrewAugust 3, 2026
14 hours ago
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
1 day ago
Electric air taxis are finally ready for takeoff
Magazine
Electric air taxis are finally ready for takeoff
By Alexei OreskovicAugust 3, 2026
18 hours ago
He was homeless at 16. Now he sits on the board of David Beckham's wellness company and his business is about to hit $1 billion in revenue
Success
He was homeless at 16. Now he sits on the board of David Beckham's wellness company and his business is about to hit $1 billion in revenue
By Emma BurleighAugust 2, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.