Current:Home > MyGen Z is trading degrees for tool belts. Trade school benefits outweigh college costs. -Nova Finance Academy
Gen Z is trading degrees for tool belts. Trade school benefits outweigh college costs.
View
Date:2025-04-25 01:31:15
As the Class of 2024 graduates hold their new high school diplomas, skilled trade businesses are making a strong bid for their futures. For years, young people have been told that a college degree is essential for a good career, but a recent survey by my company found that Gen Z may have doubts about this advice.
In fact, 83% of those surveyed feel that learning a skilled trade can be a better pathway to economic security than college ‒ including 90% of those already holding college degrees. Meanwhile, TikTok is teeming with trade-related content drawing billions of views. News outlets from The Wall Street Journal to NPR have hailed “the toolbelt generation.”
At a time when tuition costs are soaring and artificial intelligence threatens to displace traditional office jobs, Generation Z ‒ spanning 1997 to 2012 ‒ is exploring a better life they can build with their own hands and by starting their own small business.
Young people's interest in skilled trades goes beyond social media trends. Thumbtack's survey of 1,000 U.S. adults ages 18-30 and more than 800 adults employed in the skilled trades found that of those who took shop class in high school, 86% said it was one of their favorite classes.
More than 70% express a high level of respect for the skilled trades. That’s more than tech workers, lawyers, bankers or government workers. And 47% want a career in the skilled trades.
For a generation characterized by both practicality and a desire for autonomy, it's easy to understand the appeal. Asked about the advantages of these professions over an office job, more than 80% mentioned each of the following: a more flexible schedule; a less expensive education and/or less debt; a faster educational program; better job readiness and the ability to be your own boss.
Gen Z doesn't want to be bound by desks or AI
The rapid rise of generative AI points to another compelling draw for skilled trade jobs. Workers with a bachelor’s degree are more than twice as likely as those without to be at the greatest risk from AI, according to the Pew Research Center.
At the same time, a list of careers least affected by AI in a working paper by OpenAI includes areas such as electrical work, plumbing, roofing, masonry and painting.
College applications lack true cost,adding to the student loan debt crisis
After all, ChatGPT can do a lot of things, but it can’t help homeowners hang drywall for an addition, rewire a garage for an electric car, paint the nursery for a new baby or unclog the kitchen sink in time for Thanksgiving dinner.
Faced with the prospect of deskbound days and algorithm-driven tasks, it would be understandable for Gen Z to idealize the hands-on nature of the skilled trades and the autonomy of having your own small business.
But they’re not wrong about the benefits of these careers. Among adults primarily employed in the skilled trades within home services, my company found that 87% are happy with their jobs, 95% are optimistic about their potential to make more money and 95% are optimistic about their job security. A full 94% would encourage their own kids or family members to pursue this type of career.
Meanwhile, in recent years, a shortage of qualified plumbers, carpenters and other tradespeople has contributed to wage growth for non-college workers at a higher rate than degree holders.
Can I afford to send my kids to school?This question helped me see other options.
Our future is in skilled trades
This isn’t to say that skilled trades are immune to innovation. New technologies from digital blueprinting and 3D printing to eco-friendly building materials are transforming the field, while smart home systems, high-efficiency appliances, solar panels, geothermal heat pumps and other next-generation fixtures are expanding the types of service customers need.
In a changing world, new skills will be essential for long-term career advancement and success.
And the demand for skilled trades professionals is clear. Since 2021, the Bipartisan Infrastructure Law has released over $280 billion allotted for transportation infrastructure, much of it for repair and maintenance work.
Much of the country faces a dire shortage of affordable housing; growing the nation’s ranks of builders will help bring down construction costs and shorten timelines for new homes. Adapting to climate change will call for vast new investments in our built environment and physical infrastructure.
Realizing college isn’t the only path to a well-paying job represents a long-overdue cultural shift. Skilled trades professionals love their jobs, earn a good living and do important work. For many in Gen Z, that’s more than enough reason to rethink their future.
Marco Zappacosta is the CEO and co-founder of Thumbtack, a technology company helping millions of people care for and improve their homes.
veryGood! (1)
Related
- Could your smelly farts help science?
- Suki Waterhouse Reveals Sex of Her and Robert Pattinson's Baby During Coachella Performance
- Homicide suspect kills himself after fleeing through 3 states, authorities say
- The 2024 Jeep Wrangler 4xe Dispatcher Concept is a retro-inspired off-road hybrid
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- World's Oldest Conjoined Twins Lori and George Schappell Dead at 62
- Maine governor signs bill restricting paramilitary training in response to neo-Nazi’s plan
- WNBA mock draft roundup: Predictions for Caitlin Clark, Angel Reese, and more
- What do we know about the mysterious drones reported flying over New Jersey?
- NBA playoffs: Tiebreaker scenarios headed into final day of regular season
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Evacuation notice lifted in Utah town downstream from cracked dam
- 'We'd like to get her back': Parents of missing California woman desperate for help
- Did any LIV Golf players make Masters cut? Yep. In fact, one of them is tied for the lead.
- What do we know about the mysterious drones reported flying over New Jersey?
- Group seeking to recall Florida city’s mayor says it has enough signatures to advance
- Pakistani police search for gunmen who abducted bus passengers and killed 10 in the southwest
- No, you aren't likely to get abs in 30 days. Here's how long it actually takes.
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
A Plumbing Issue at This Lake Powell Dam Could Cause Big Trouble for Western Water
1 dead, 13 injured after man crashes truck into Texas Department of Public Safety building
Isabella Strahan's Brain Cancer Journey, in Her Own Words
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Tiger Woods shoots career-worst round at Masters to fall out of contention
FCC requires internet providers to show customers fees with broadband 'nutrition labels'
Arizona Coyotes players told team is relocating to Salt Lake City, reports say