Trade School or College: Which is Right for You?
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]Published on June 15th, 2022
[/et_pb_text][et_pb_image src=”https://www.codesteelacademies.org/wp-content/uploads/2022/06/College-or-Trade-School.jpg” title_text=”College or Trade School” _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_image][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font=”|700|||||||” text_font_size=”16px” text_line_height=”1.4em” custom_margin=”1px||1px||false|false” custom_padding=”||21px|||” animation_style=”fade” global_colors_info=”{}”]Many individuals grow up in an environment that paints college as a prerequisite to enjoying a lucrative career. With the steady rise of tuition costs at state and private institutions, more and more people are starting to wonder if the debt is worth the payout.
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]Once college graduates earn these degrees, they can come up against many obstacles to finding jobs or end up struggling under the massive burden created by their student loan debt. Because of these factors, many high school graduates are starting to wonder whether college is really right for them. Today, we’re here to explore how trade schools can overcome these economic challenges, providing their graduates with fulfilling, rewarding career opportunities and six-figure incomes.
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font=”||||||||” header_font=”||||||||” header_2_font=”Rubik|700|||||||” header_2_font_size=”35px” header_2_line_height=”1.2em” module_alignment=”center” custom_margin=”||8px|||” custom_padding=”|||” animation_style=”fade” header_2_font_size_tablet=”” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]Cost of Trade School vs College:
[/et_pb_text][et_pb_image src=”https://www.codesteelacademies.org/wp-content/uploads/2022/06/Average-Tuition-Cost-College-vs-Trade-School.jpg” title_text=”Average Tuition Cost College vs Trade School” _builder_version=”4.17.4″ _module_preset=”default” module_alignment=”center” global_colors_info=”{}”][/et_pb_image][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]College Tuition Cost
As of 2022, the average tuition cost for a private college is around $38,185 every year. On average, for a standard 4-year private college degree, graduates end up with a massive amount of debt totaling roughly $152,740. With public out-of-state and in-state colleges whose 4-year degrees cost $90,792 and $41,352 respectively, some college graduates can struggle to pay off their college loans well into middle age.
Trade School Tuition Cost
Trade schools, also known as vocational schools, can be public or private, for-profit or not-for-profit. While the cost of trade schools varies widely across the country, average tuition fees range from about $3,600 to $14,500 per year. Most trade schools never reach this upper range. Many even accept federal grants, veteran benefits, or award full scholarships to students and applicants. While the total cost is dependent on the type of trade skill you’re pursuing, most will last roughly two years or less. Even if students attend higher-cost trade schools, they’ll still end up with half the amount of debt as their college peers.
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font=”||||||||” header_font=”||||||||” header_2_font=”Rubik|700|||||||” header_2_font_size=”35px” header_2_line_height=”1.2em” module_alignment=”center” custom_margin=”||8px|||” custom_padding=”|||” animation_style=”fade” header_2_font_size_tablet=”” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]Post Graduate Debt: College vs Trade School
[/et_pb_text][et_pb_image src=”https://www.codesteelacademies.org/wp-content/uploads/2022/06/College-vs-Trade-School-Debt.jpg” title_text=”College vs Trade School Debt” _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_image][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]College Post Graduate Debt:
One of the most interesting aspects of traditional colleges is that students can pursue 4-year degrees in fields whose annual salaries vary widely while the cost of a school’s tuition remains the same. Some students pursue 4-year degrees in fields that pay an average of $100,000 annually, but others might take on the same debt for a degree that only guarantees a salary hovering around $60,000 or less. Even if these graduates were able to put every cent of their paycheck towards this debt monthly, it might take years to pay off the principal alone.
Trade School Post Graduate Debt:
Many trade schools offer vocational degree programs at roughly half the length and a fraction of the cost of college. Trade schools that teach high-paying, high-demand trades, end up providing graduates with the opportunity to make six-figure incomes in much shorter time frames than traditional college graduates. Many accredited trade schools even accept a wide range of federal grants, reducing the cost of tuition even further. In most cases, trade school graduates end up with much more manageable debt-to-salary ratios, allowing them to build their financial futures far more effectively.
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font=”||||||||” header_font=”||||||||” header_2_font=”Rubik|700|||||||” header_2_font_size=”35px” header_2_line_height=”1.2em” module_alignment=”center” custom_margin=”||8px|||” custom_padding=”|||” animation_style=”fade” header_2_font_size_tablet=”” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]Postgraduate Job Opportunities: Trade School vs College
[/et_pb_text][et_pb_image src=”https://www.codesteelacademies.org/wp-content/uploads/2022/06/College-vs-Trade-School-Job-Opportunities.jpg” title_text=”College vs Trade School Job Opportunities” _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_image][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]College Postgraduate Job Opportunities:
Most colleges offer a large range of options of both degrees and career paths. The problem this presents for most average college attendees is twofold. First, many students feel pressured to enter college straight out of high school. Many of these students have yet to gain enough life experience and don’t understand what careers are the best long-term fit for them. Secondly, some may have a good understanding of what career feels right for them but end up with degrees in highly saturated fields where opportunities for employment are few and far between. Both of these situations can lead to college graduates with massive amounts of debt unable to find jobs with their degrees.
Trade School Postgraduate Job Opportunities:
Trade schools focus their curriculums around a handful of trades and require students to engage in real-life scenarios frequently. This more focused and tactile approach solves the twofold problems presented by traditional colleges. By providing students with fewer career options, they can concentrate on their focus and experience their chosen trades first hand. While some students may find their trade choice isn’t a good fit for them, they’ll find it much easier to recoup the cost of their tuition.
[/et_pb_text][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” text_font_size=”15px” global_colors_info=”{}”]The choice between attending college or trade school can be a difficult one. Now that we’ve explored differences between the both, in cost, postgraduate debt totals, and job opportunities, it’s clear that trade schools hold an edge. Code Steel Academies is the go-to non-profit trade school. We offer high-quality, affordable education opportunities in high-demand, high paying vocational trades. We’ve built our business model around returning a substantial amount of earnings to students in the form of full and partial scholarships, while offering leading-edge education to a wide range of under-served communities. We are committed to the long-term success of our graduates by maintaining high job placement rates through our Direct Path Program ™. Your future career has never been so close. Find out more today.
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