The College Calculation Has Flipped

Posted by freedomforall 2 days, 8 hours ago to Education
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Excerpt:
"Buried in new data from the Bureau of Labor Statistics (BLS) is a bearish sign for a college education, the first time we’ve seen this in 50 years. Trade workers without a college education are gaining new advantages in employment stability and even in earnings. On paper, a college degree still earns more but that edge is slipping too.
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The Washington Post explains: “The unemployment gap between workers with bachelor’s degrees and those with occupational associate’s degrees—such as plumbers, electricians and pipe fitters—flipped in 2025, leaving trade workers with a slight edge for six months out of the past year, according to the Bureau of Labor Statistics. It’s the first time trade workers have had a leg up since the BLS started tracking this data in the 1990s.”

It’s a bit ironic that this story was posted just days before the Post itself laid off fully one-third of its workers, a gutting of the staff of a major paper that we’ve never seen before.
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Consider the costs of college beyond the outrageous financial expense. We are taking people who are at the height of their learning potential, the very time of life when becoming an adult and a great worker is at a premium, and sticking them in childish environments. College encourages terrible lifestyle choices, finding shortcuts, drugs, drinking too much, and otherwise experimenting with dangerous choices.

And the student does this for fully four years, during the most impressionable early years of adulthood, leaving graduates with no work ethic and a wildly distorted view of what life is all about. It seems nearly unfair to throw such people into professional life. They are ill-equipped.

Compare this reality with someone who leaves high school to learn a trade, whether that is welding, construction, or coding. After four years, such people already have a gigantic advantage over their peers in college. They know what it is to get to work on time, do what the boss says, achieve things, manage money, and so on, essentially skills that kids matriculating in college do not have."
SOURCE URL: https://www.zerohedge.com/personal-finance/college-calculation-has-flipped


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  • Posted by ssipress 12 hours, 38 minutes ago
    Yes indeed. Add in the tradesmen who run their own business, which they can sell for millions of dollars after they build it up and run it for a relatively few years, and the numbers get tilted in their favor tremendously over those who waste their prime years engaged in schooling (like I did, earning a law degree that I never used. If I could only get back those seven years of college down the drain...).
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  • Posted by mccannon01 1 day, 17 hours ago
    Just thinking out loud here... It seems the generations that built and made the physical civilization we are living in are aging and dying off, meaning there is a demand for those that can keep it running or move it into the next phase. This will not be accomplished with "woke" or Marxist indoctrination, which is eating up academia and corporate America in too many places.

    Edit add: I had my furnace/air conditioning system worked on recently and was delighted to have a smart 20-something show up to do the work and he knew what he was doing! Prior times it was a 50 or 60-something that came to my door.
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    • Posted by bkeiber 1 day, 15 hours ago
      I started recommending the trades to 20 something men 20 years ago. It was obvious to me even then that MBA's would become useless over the coming years.
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      • Posted by mccannon01 1 day, 15 hours ago
        I have a grandson that, in Texas, apprenticed as an electrician doing commercial and residential development contracts and worked 70 hour weeks and couldn't keep up with demand. He is now finishing his apprenticeship in Kansas and it's the same thing. His words, "Grandpa I'm making money like you won't believe and I'm not even a journeyman yet!". Yes, he had to join the union, but they are NEVER out of work. Side note: With this new no tax on overtime coming up means he will have even more money yet!
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  • Posted by 73SHARK 13 hours, 16 minutes ago
    A couple of ideas that high school counselors should put in front of their students is learn about Mike (Dirty Jobs) Rowe and ROTC scholarships. Mike wasn't around when I graduated in 1960 so I went the Navy ROTC scholarship route. My EE degree got me good jobs and at the end of my Mizzou tour, I was debt-free. I learned a lot about people and discipline in my five years in the Navy. And they were right, I did get to see the world. All except Antarctica.
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  • Posted by $ pixelate 13 hours, 18 minutes ago
    College made sense for me in the 1980's BS in Computer Science ... MS in CS was financially sound -- get an advanced degree in two years with a Research or Teaching Assistantship, then walk out with degree(s) and no debts. The engineering world paid a premium for the MS Degree(s). By 2010, I was interviewing and hiring software engineers -- I was looking for Experience and Products produced on a resume, not a degree.

    Although the skilled trades offer a better choice for career, at present, look down the road a few years. Who will be able to afford new construction, whether for homes, businesses, mining or data centers ... as the wheels fall off the AI / Data Center / Bitcoin Mining operations? Oh, right, the State will have ample funds for new construction.
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