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The Big Decision: College vs. Skilled Trades

Nov 23, 2024

Part # 1
Of our College vs. Trades Series.

 

It’s the question looming over many kitchen table conversations:


Should my child go to college, or should they explore a skilled trade?
Let’s face it—this is one of your family's most significant decisions, and the pressure can be intense. You want what’s best for your child, but the path forward isn’t always clear.


Here’s the good news: You’re not alone in this journey, and we’re here to help you confidently unpack the options.


The College vs. Skilled Trades Debate


For decades, society has favored the idea that a four-year college degree is the ultimate key to success. But the reality is that times are changing.
Consider this:


•    Average College Debt: In 2023, the average student loan debt for a four-year degree in the U.S. was $37,000.


•    Skilled Trades Training: Trade school tuition often costs less than $10,000, and programs take a fraction of the time to complete.
Now think about earnings:


•    According to the Bureau of Labor Statistics (BLS), electricians, plumbers, and HVAC technicians often earn $60,000–$80,000 annually—without the debt.


For some students, skilled trades offer a faster, more affordable route to financial independence.

Success Comes in Many Forms

It’s important to redefine what “success” looks like. A skilled trade career isn’t a fallback option; it’s a viable, respected, and lucrative path.


•    Skilled Trades Are in Demand: The U.S. faces a massive shortage of trade workers. According to the Associated General Contractors of America, 78% of construction firms report difficulty finding skilled labor.

 That’s job security your child can bank on!

•    Technology Meets Hands-On Work: Today’s trades involve cutting-edge tech. Think robotics in welding, smart systems in HVAC, or renewable energy installations for electricians.

 

This Decision is About YOUR Child


Every student is different, and that’s a good thing! Some thrive in lecture halls; others in hands-on, problem-solving environments.

Ask yourself:


•    Does my child enjoy building, fixing, or creating?
•    Are they curious about how things work?
•    Do they prefer practical learning over theoretical study?
If you answered yes to any of these, a skilled trade might be the perfect fit.


Let’s Change the Conversation


The decision between college and skilled trades shouldn’t be about one being “better” than the other. It’s about finding the right path for your child’s strengths, interests, and future goals.


This week, take a moment to talk with your child about what excites them. Keep the conversation open and judgment-free—you might be surprised by what you learn!

 

Want More Insights?


Next week, we’ll tackle the biggest myths about skilled trades and show why this path is more than just a “Plan B.”


Until then, stay curious and confident in guiding your child toward a bright future.


Best regards,
Martin P. King

 

 

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