Info for Student and Parents
1. Trades vs College?
4-Year College Graduate:
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The average starting salary for a recent college graduate (with a bachelor’s degree) is approximately $55,000 to $65,000 per year, depending on the field of study. However, not all college degrees lead to high-paying jobs, and some may take longer to reach higher salary levels.
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Additionally, new graduates often spend several years working entry-level jobs, which may limit their earnings early in their careers.
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The average student loan debt for a four-year college graduate in the U.S. is approximately $37,000.
Skilled Trade Worker:
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After completing a 2- to 4-year apprenticeship or trade school program, many skilled tradespeople can start earning around $40,000 to $50,000 per year right out of training. Experienced tradespeople often earn salaries comparable to or higher than college graduates.
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For instance, electricians earn an average of $60,000 to $70,000 per year, with the potential to earn significantly more with experience and specialization.
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Some highly specialized tradespeople can make upwards of $80,000 to $100,000 annually after a few years of experience.
2. Is there a need for more tradesmen?
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The construction industry is projected to add 200,000 new jobs per year over the next decade, yet fewer young workers are entering the trades. This trend is seen across other skilled trades as well, including plumbing, electrical, and HVAC (heating, ventilation, and air conditioning).
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Part of the challenge is a societal focus on four-year college degrees, which has led to a shortage of trade school graduates. In 2021, only 16% of high school graduates went into trade school programs, despite the growing demand in these fields.
3. How much can I make?
Applications for tool packages can be submitted through our website. We will review the applications and select recipients based on their eligibility and need. Be sure to follow us on social media for updates on when the application period opens.
Who is right to join the trades?
Each tool package is valued at $500 and includes essential tools for trades such as carpentry, electrical work, or plumbing. The packages are designed to give students the basic equipment they need to start their careers.
