$90,000 colleges, the toolbelt generation, and why high schools need a three-track system (2024)

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Gen Z workers becoming the 'toolbelt generation' by pursuing trades, shunning college

Chantal Castillo, Welding Academy graduate, shares her reasons for entering a trade job instead of going to college.

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Some Vanderbilt students will have $100,000 intotal expenses for the 2024-2025 school year.And the price tag without travel will be more than $90,000 for fourNewEngland universities starting this fall.

More Generation Z workers are going into trades as disenchantment with the college track increases and rising pay in plumbing andwelding compete with a parallel generation of students graduating with degrees and no real direction of what they wanttodo in life.

This, all coupled with the Biden administration desperately retooling another plantobuy votes by promising people they will wipe away student debt,only to have student debtmolditself back into shape like the villain in "Terminator 2: Judgment Day."

$90,000 colleges, thetoolbelt generation, and why high schools need a three-track system (2)

Boone Willams, 20, brazes a copper pipe during a second-year apprentice training program class at the Plumbers and Pipefitters Local Union 572 facility in Nashville, Tennessee, on Feb. 2, 2023. (AP Photo/Mark Zaleski)

Where didwego wrong?How didwegettoa point wherewehave $1.7 trillion of student debt, $1.1 trillion of credit card debt, and $1.6 trillion of auto loan debt?Didn’t high school teach us that if you keeponpilingondebt the inevitability of bankruptcy is justonthe other side of the horizon?

AS US COLLEGE ENROLLMENT DECLINES, TRADE PROGRAMS ARE BOOMING

There may be another option.

How about a "three-track system" for high school education?

All students take two years of general education, including math, science, history, English, language, etc.Then, you choose two potential career tracks in your junior year, followed by a singular focus in your senior year.

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Track 1: College

For those students who can identify a specific field or area of study that they wanttopursue for a career.America needs doctors, lawyers, engineers and a litany of other professions where a college degree is truly necessarytoget the basic educationtobegin your overall career.

For some students, college is more than just a degree.It’s an opportunitytolearn howto"grow up" and become responsible for grocery shopping, laundry, schedule management and taking care of an apartment.However, so many kids are graduating college now with a degree that doesn’t lead themto a real career path and they still call mom or dad for every single decision.

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Track 2: Vocational

Having taken a major back seattothe college preparatory track for the past 30 years because high school funding concentratedongetting studentstodowellonstandardized tests and prepping for a four-year degree, career tech education is making a major comeback in high school.

BIDEN ADMIN HURTING WORKING CLASS STUDENTS WITH ‘WITCH HUNT’ AGAINST CAREER COLLEGES, WATCHDOG GROUP SAYS

Itook shop in high school.Itook auto in high school.Itook home economics in high school.I learned that I was bad at all of them, butitopened my eyestoother potential future job opportunities besides goingtocollege.

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The vocational career track should be part of every curriculum in high schools across America.As trade workers are retiring, businesses recognize that there is a massive deficiency in the supply compared to the demandfor these incredibly important skilled workers.

Notonly are some of these highly paid jobs stable professions, but parents should be proudtotell their families, friends and neighbors their son or daughter is a plumber, an electrician or awelder.

I should know best. My oldest daughter runs the operations of a concrete and hardscapes company and this attitude among parents needstochange about howwedefine "success" for children.

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Track 3: Entrepreneur

Wouldn’t this be amazing for students who liketocolor outside the lines, enjoy business (or have started a business already), or have creative ideastoinnovate for the future of America?

In fact, 55% of Gen Zers ages 18to26 and millennials ages 27to42 have a side hustle already and the numbers continuetogrow.Whether people do this part-time, oritbecomes a full-time passion, why wouldn’tweget students exposedtohowtoset up an LLC, run a basic profit and loss statement, and learn howtoread a tax return and a pay stub? Do you think you would have used this type of information more in life than what you did by flippingona Bunsen burner?

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The president is formulating another plantorelieve Americans of more student debt.It’s a classic leadership mistake of tryingtofix the effect and not solve the cause of the problem.

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The cause is the outrageous costtoget a college education and our insatiable appetitetobuy into the headline that you need a college degreetobe successful in America. In fact, nothing could be further from the truth.

The solution lies in exposing our youthtoreal career opportunities in America the day they hit high school.A college degree just simply isn’t worth whatitusedtobe, and the pendulum is swinging aswespeak.

CLICK HERE TO READ MORE BY TED JENKIN

Ted Jenkin is CEO and co-founder of Oxygen Financial and president of Exit Stage Left Advisors.

$90,000 colleges, the toolbelt generation, and why high schools need a three-track system (2024)

FAQs

How many high schools are there in the US? ›

High schools (sometimes called senior high schools) usually cover ninth through twelfth grades, and there are a total of 20,318, both public and private, in the U.S. That's about one high school for every 3.16 elementary schools.

Which tab on College Navigator will give you an estimate of your total costs with your possible financial aid applied? ›

Final answer: The Net Price tab on College Navigator provides an estimate of total costs with possible financial aid applied.

How many Americans go to college? ›

About 15.2 million students are enrolled in an undergraduate program. Roughly 8.5 million are pursuing a bachelor's degree. There were about 3.1 million graduate students. In 2022, about 62% of people who completed high school or earned a GED certificate immediately enrolled in college.

What are the statistics of education in the US? ›

In 2021, the highest level of education of the population age 25 and older in the United States was distributed as follows: 8.9% had less than a high school diploma or equivalent. 27.9% had high school graduate as their highest level of school completed. 14.9% had completed some college but not a degree.

What is the #1 public high school in America? ›

1. Thomas Jefferson High School for Science and Technology.

What college has the lowest acceptance rate? ›

The answer to what college has the lowest acceptance rate is the same as what ivy league college has the lowest acceptance rate: Harvard. While all Ivies are known for having some of the lowest college acceptance rates of all colleges, Harvard has generally been the most selective.

What is the College Navigator best used for? ›

The College Navigator tool allows users to learn more about potential colleges and universities. It gives an overview of general school information. You can also find information on the services and tuition policies for service members and veterans.

What is the most educated race in the United States? ›

Asian Americans had the highest educational attainment of any race, followed by whites who had a higher percentage of high school graduates but a lower percentage of college graduates. Persons identifying as Hispanic or Latino, without regard to race, had the lowest educational attainment.

What is the richest school in the United States? ›

It has been corrected. Harvard University's endowment grew to more than $49.5 billion last year, making it once again the nation's wealthiest college.

What is the largest college in the US? ›

The largest university in the U.S. by total enrollment is Western Governors University, a fully online college.

Who is number 1 in education in the US? ›

Under Governor Ron DeSantis' leadership, Florida continues to be the national leader in education. The ranking methodology uses a variety of metrics to measure the overall quality of each state's education system from prekindergarten through higher education.

Did the US ever rank #1 in education? ›

As recently as 20 years ago, the United States was ranked No. 1 in high school and college education. Much of the boom in American education during the second half of the 20th century was fueled by the Montgomery G.I.

How many public high schools are there in the US? ›

There were a total of 23,499 public secondary and high schools in 2009–10 and a total of 23,519 public secondary and high schools in 2020–21.

How many public high school schools are there in the US? ›

Below are some important data on how many high schools are there in the US and other relevant statistics: As of late, there are 23,872 public secondary schools out of the 15.55 million secondary schools in the U.S.

Which state has most high schools? ›

In 2022, there were total 10,325 public elementary and secondary schools in the state of California. Texas, New York, Illinois, and Florida rounded out the top five states with the most public elementary and secondary schools.

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