blog, money

Traditional university is not the only path to success

The student loan debt in this country is over $1 trillion dollars. Is it even worth it to go to college anymore? It really depends on the person and their career trajectory. Let’s be honest, not everyone is good with traditional schooling and this should not determine your future success. If you aren’t academically successful there are plenty of other options available if you do your research. Trade schools are one of those options. I feel trade schools aren’t recommended as much as they should be especially to students struggling academically and frustrated with traditional schooling.

 

Trade Schools

Trade schools can provide you with a career path that pays well. There are plumbers who start their own business and make over $100k a year. If you know regular school is not your strong suit and you are more handy or like to work with your hands think of enrolling in a trade school. This doesn’t make you less than anyone else. Knowing your strengths and weaknesses is a major factor in finding what works for you long-term. If your high school offers classes like auto shop or even home economics, take those courses to see if it is a career path you will like to embark on. Remember that starting life with a plan is the first step to success. If you do decide to go to a trade school be on the look out for apprenticeships. This will offer you the on the job training necessary to begin your career.

Here’s a list of a few different trades:

Construction

Electrician

Plumber

HVAC technician

Auto body Repairer

Welder

Automotive Mechanic and more…

***A construction manager average hourly salary is $47.84 with a top-end hourly pay over $76.12. (Salary information from : https://www.trade-schools.net/articles/trade-school-jobs.asp).***

 

The average trade school degree costs $33,000 compared to an average $127,000 for a bachelor’s degree (The average factors in schools that are lower cost and schools with significantly higher costs which may bring up the average).

I want to make it clear that I am not discouraging going to an university especially if you are successful academically & know exactly what you want to do because some fields require you have an undergraduate or graduate degree. In addition, not everyone has to go into debt to accomplish getting their degrees which I will go over in my next blog post.  There are many different ways to lower your financial burdens & also ways to avoid student loans completely. It’s time to take accountability for the debt we take on especially with the student loan debt at such a high amount. If you don’t want student loan debt to be the reason you can’t buy a home, can’t save or can’t invest it’s time to look at other options.

 

 

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