Palantir CEO Alex Karp Questions the Value of College Degrees, Launches New Career Program

Palantir Technologies (PLTR), whose share price climbed about 150% in 2025, paid 22 high school graduates about $5,400 a month this fall to forgo college, with several turning down Ivy League offers to do it.

The data analytics giant’s “Meritocracy Fellowship” promises teenagers a shortcut past the traditional degree: four months of training, including lectures in philosophy and history, then the potential for full-time engineering roles. Students were caught off guard spending their first month in seminars about Western civilization and American history, with one participant admitting to a program lecturer that he’d “never taken a note in his life” before the coursework, according to The Wall Street Journal.

While CEO Alex Karp calls American universities “broken,” the company hasn’t confirmed how many fellows will actually receive job offers—or what happens to those who don’t make the cut.

Why Did Palantir Create The Program?

Karp has been vocal about the value of a college education, even though he has three degrees himself: a B.A. from Haverford College, a J.D. from Stanford University, and a Ph.D. from Goethe University in Germany.

Earlier this year, he noted that where an employee went to college ultimately didn’t matter once they joined the company.

“If you did not go to school or you went to a school that’s not that great or you went to Harvard or Princeton, Yale, once you come to Palantir, you’re a Palantirian. No one cares about the other stuff,” said Karp, per an Investing.com earnings call transcript.

Palantir’s call for fellows, however, suggests he believes college degrees are becoming less useful and potentially detrimental to a career track. “American universities have lost their way… They reward conformity over originality, safety over risk, and comfort over truth,” it says. “Skip the debt. Reclaim years of your life. Earn the Palantir degree.”

So what does this alternative “Palantir degree” actually teach? The company’s application says that “our most vital technologies cannot be created by those indifferent to their purpose,” which is “to defend the West effectively.” This fall’s seminar included Frederick Douglass’s autobiography; a visit to Gettysburg, Pennsylvania; and discussions of Lincoln and Churchill—topics that many fellows would have encountered if they had taken high school AP classes or, for that matter, in a typical university’s liberal arts curriculum.

Palantir is accepting applications for the next fellowship in New York City, running from August to December 2026. To be eligible, applicants must have graduated from high school and can’t be enrolled in college. The estimated salary for the position is $5,400 a month, though the job ad says that might be adjusted based on experience.

The Employment Picture for University Grads

Palantir’s new fellowship has been introduced at a time when the unemployment rate for recent college graduates is 4.8%, exceeding the 4.0% unemployment rate for all workers.

As the chart above shows, despite the challenging outlook for recent college graduates, those with college degrees have historically earned a significant and increasing wage premium over those without one.

The data, from a 2025 Federal Reserve Bank of New York analysis, found that as of 2024, the median college graduate earned about $80,000 versus $47,000 for those with just a high school diploma.