MORE YOUNG PEOPLE ARE OPTING OUT OF TRADITIONAL COLLEGE AND OPTING INTO VOCATIONAL PROGRAMS
Of all the decisions that 18-year-olds can make about their future, one is becoming more popular: going to trade school.
The increasing appeal of skilled trade work is throwing a wrench in the enrollment levels of pricey four-year institutions as more young people opt out of traditional college and opt into vocational programs that offer good pay and stability, per the Wall Street Journal.
WHY?
Four-year schools used to seem like the most straightforward path to a high salary, but with their costs going up, they also lead to a lot of debt. Meanwhile, a shortage in skilled workers has driven up workers’ earnings: Median pay for construction workers rose more than 5% last year to $48,089, compared to $39,520 for new hires in professional services (like accountants and IT workers), according to payroll provider ADP.
Plus…software can’t repair a leak in your roof (yet). In a recent survey, the majority of young people said blue-collar jobs seemed more secure than white-collar ones amid developments in generative AI technology that could render some jobs obsolete.
By Cassandra Cassidy // morningbrew.com
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