Thursday, November 29, 2018

Economic Benefits of Trade School

              The typical educational path for people in the United States is to go from high school to a traditional four-year college or to a community college and then a transfer to a traditional four-year college. This path may not be the best economic choice for every student, depending on the type of career they wish to pursue trade school may be the best option.
              Trade school is a quick way for people to enter the workforce with most courses taking between six week and two years. These quick courses can provide students with the opportunity to make above minimum wage to help pay for college or start earning a good salary sooner than those who chose to take the traditional college path. In fact, these courses offer people a pathway into many fields including, stem, household maintenance, and other office jobs. For example, Phlebotomy (people who draw blood) can make between twenty-five to thirty dollars an hour and the course to get certified is only six weeks long. Eventually, people who have graduated from vocational school can earn close to one hundred thousand dollars, which is similar to what people who have graduated from a four-year college earn because they can occupy the same jobs.
             Additionally, there is a high demand for people who have graduated from vocational school. This means that there are currently more scholarships for people going to these schools, reducing the amount of debt that people graduate from school with. Compared to a four-year college trade school can total thirty-three thousand dollars to complete whereas traditional college can cost upwards of two hundred thousand dollars for tuition alone, meaning that they will graduate with much more debt. This helps to eliminate the income inequality generated by these different types of schools because instead of paying thousands of dollars to the bank per month they can use all of their salaries for their own personal gain. This high demand for vocational workers also means that there are lower unemployment rates for graduates from trade school, providing job security to people in these positions. So, while trade school is not appropriate for every student it may be the best option for those looking for an alternative education path.

Sources
https://careerschoolnow.org/careers/trade-school-vs-traditional-college

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