The guy who owns the plumbing/electrical business does well. His employees not so much. Also, to do the job well, you need a certain degree of mathematical skill and literacy to be a plumber or electrician. You need to be able to understand building and electrical codes, you may need to be able to write up permits, understand contract terms, you need to be able to prepare and calculate a bill of materials, calculate and prepare estimates, you need to be able to do the calculations to properly size equipment like hydraulic lift for a pump or calculate electrical load etc. And a lot of kids just squeaking their way through high school these days frankly don't have enough of those skills. |
+1. The world is changing. Even for those entering the trades, they still need academic skills such as math skills, comprehension skills, writing skills, communication skills, computer skills. I see plenty of trades workers who do not have these skills and I hope they are able to retire soon because they are not able to keep up with modern work - even modern blue collar work. |
??? You do you, but if my child were ill, I'd want an MD who graduated top of her class in medical school and did her residency at fellowship at a top teaching hospital affiliated with a great University like Harvard ( Boston Childrens) or Penn ( CHOP) If I were a city council and I were reviewing construction bids for public buildings, I'd want engineres and architects from the best colleges- not the type that built the miami towers If I had a very successful business, I'd want a top CPA And if I wanted a civil society where there is equitable law, I'd want legislatures who have studied - and done very well - at the best law schools |
| The data is clear that having a college education is significantly better. Men with bachelor's degrees earn approximately $900,000 more in median lifetime earnings than high school graduates. Women with bachelor's degrees earn $630,000 more. Men with graduate degrees earn $1.5 million more in median lifetime earnings than high school graduates. |
So what use do you have for the people in those careers not in the top 1%???? |
My brother who works with people in the trades and maintains his own credentials in a trade. He, his associates and others I know in the trades say the same sorts of things. The basic skills needed to do the jobs and get into the haven’t changed that much over the past few decades. However, they are no longer finding as many high school grads capable of doing those jobs (eg, they lack basic math skills). You don’t need a college degree to become a plumber, but since high schools are graduating too many kids without the basic skills who want to do those jobs, the candidate pool is much smaller. Now people are paying colleges to teach the kids (not all but enough of them) to finish the education they should have already gotten. |
That's based on older data, though. I suspect that right now, tradesmen make far more money than people think. If you consider how much you pay for home renovation, it's easily more per hour than an attorney. I have a brother in law that is a union carpenter, and he makes six figures, and makes slightly more than his white collar professional wife. Then you look at what a General Contractor makes, and it's eye popping. Easily over a million per year in a busy year with a lot of high end business. Electricians, plumbers, etc make more than teachers, social workers, and non-urban/non-specialized nurses. I don't think that pushing a person who would be better at a trade into college makes financial sense, nor is it good for our society. We need a lot of highly skilled trades people for our society to function- to build and power our homes, offices, infrastructure, etc. We especially need highly skilled trades people for the more complex trade work we will need to build things like nuclear power plants. You cant just take any welder out od shop class for that kind of work. |
Agreed but too many people are starting but not finishing and winding up in serious debt. There are definite issues. |