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Source: Payscale Pros of going to trade school It’s more affordable. According to College Board’s latest report, the average in-state student at four-year public colleges spends $28,840 a year ...
With the ever-increasing cost of college and many students graduating with crippling student debt, more high school graduates are considering trade schools and other non-college options instead....
With college setting students back an average of $36,436 per year, young people today are questioning the return on investment they’ll get on the qualification.
Historically, vocational education was considered less financially lucrative in the long term than a bachelor's degree. There are several trade school jobs that earn a respectable income at much less cost in time and money for training. [2]
In the 2010–2011 school year, more than $1 billion went to eight for-profit schools. [94] [95] In the 2012–2013 academic year, 31 percent of GI Bill funds went to for-profit colleges. Veteran participation in these schools, in effect, transferred $1.7 billion in post-9/11 GI Bill funds to these schools. [96]
Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]
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