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05/07/2019 - Trade School vs Bachelor's Degree

I hope all is well with you this spring.  Here in northwest Ohio, we've had a lot of rain - but hopefully it will translate into some great crops later this year.  

Today's email will also hopefully plant some seeds of thought about college vs trades.  Feel free to pass this along to those in your life who might benefit from it.

Financial Cost of Education from crown.org

"CareerSchoolNow.org reports: Trade school runs, on average, around $33,000 from start to finish with many students only carrying a loan of around $10,000.

Compare that to a Forbes report which revealed that in 2016, 70% of those completing an undergraduate degree were carrying $37,000 of debt. And many of those degrees don’t guarantee high-paying jobs. More than half of students take longer than four years to graduate, costing in lost wages and educational costs. Another fact is that 40% of the student body will drop out of a four-year college and still have to pay back loans."

Let me carefully encourage you to help the young people in your life weigh the pros and cons of a college education.  We need productive workers down both paths of training and knowledge.  There isn't a cookie cutter approach to knowing what is best.  

This article talks about a great tool called "Career Direct" that may help your student consider what field is best for them. 

https://www.crown.org/blog/ask-chuck-trade-school-vs-bachelors-degree/