HIGHER EDUCATION BUBBLE UPDATE: Peter Thiel predicts ‘reformation’ of higher education in speech to student journalists.

“Universities today are as corrupt as the Catholic Church of 500 years ago,” Thiel said.

During his speech, he spoke of an academia that has shut down debate, excommunicated conservative scholars, and insisted a college degree is the only way to “salvation,” that being a good job and solid future.

“The reformation is going to happen,” Thiel added, noting it won’t come from within, but from the “outside.”

One way or another.