Reply to My Car Mechanics Post Labor Rate = $110 per hour. Why don't more HS kids train as mechanics?

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Reply to "My Car Mechanics Post Labor Rate = $110 per hour. Why don't more HS kids train as mechanics?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is standard to bill someone out at 2.5 times their hourly wage to cover overhead, so the mechanic would be making 40-45 per hour.

College graduates have lifetime earnings that are 60% greater than high school grads. That of course is an average across all fields. The gap is even bigger when you account for the fact that the plumbers etc. have trouble doing the physical work past age 50-55. Plumbers still working past that age generally own the business. They assume the risk of stocking pricey supplies and paying wages; the people who work for them doing the actual plumbing are paid hourly.

College grads also have skills that are broadly applicable to a lot of jobs: writing skills, computer skills etc. A journalist can become a teacher. People in the trades are pretty focused, and their skills can become obsolete quickly.[/quote]
Really? There will come a day where toilets don't need to be fixed? Your heater always works perfectly? New homes don't need air conditioning installed?

Umm, OK. And you do realize that plumbers, mechanics, etc. have education beyond high school, right? [/quote]

The education is often less than two years at community college or an apprenticeship program You train on equipment that will soon be obsolete Sure, we will need toilets, but the guy you are willing to pay to install it is current on the latest regulations s and technology and young enough to carry it into your bathroom[/quote]

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