Author: Tronserve admin
Saturday 18th September 2021 06:04 AM
Survey: Majority of Students Underestimate Trade School
A survey of 3,000 young Americans (ages 18 – 24) reveals that, despite messaging from within industry and STEM to the contrary, a vast majority do not see trade school as a path to a high-paying job. The survey, conducted by Big Rentz equipment rental, found that 90 percent do not relate high pay and job security with trade schools.
Of those, 11 percent do associate trade school with a high-paying career for its graduates. A further 54 percent assume that the trade school pay gap (the difference between the cost of education and income after graduation) is higher than it really is. The pay gap between trade school entry-level jobs and bachelor’s degree holders is $12,000. Most (54 percent) of participants considered that it was more than $18,000.
As reported by the survey, the average annual starting pay of bachelor’s degree holders is $47,000, compared to $35,000 for starting pay at technical and trade school jobs.
Getting further into this data, 27 percent of respondents believed that trade schools leave students with less debt, 24 percent that they provide specialized learning college can't provide, and 21 percent that it leaves to a job sooner. Extra choices, such as job security and access to high pay, received lower than 20 percent of votes. The writers of the survey suppose that the remaining 47 percent who selected “none of the above” as an advantage might mean that people see a different advantage for trade schools, it’s also much more likely that they still see college as the most financially secure path.
This article is originally posted on manufacturing.net