I'm not sure this is exactly a source, but this article by Thiel tends to imply that he thinks the system is pretty broken : http://www.cato-unbound.org/2009/04/13/peter-thiel/the-educa.... And then Thiel has talked about the education bubble (links on HN previously, too) : http://news.ycombinator.com/item?id=2431431.

Thiel is definitely pro "different" from the current system.

I think the idea of promoting more entrepreneurial activities earlier is great, but it seems very anti-university/higher ed in his vision rather than as an alternative path.