""Parents are waking up. College doesn't carry the same [return on investment] it once did, because the cost is outrageous, and the outcome is uncertain.""
""The average cost of college in the U.S. is more than $38,000 (including tuition and room and board) per student per year, and the average cost of college has more than doubled this century.""
The perception of college as essential for career success is shifting. A survey shows that 35% of parents now favor career and technical education, up from 13% in 2019. The preference for traditional college has dropped to 58%. Additionally, 70% of teens feel their parents support alternatives like trade schools. Rising college costs, averaging over $38,000 annually, and uncertain job security contribute to this change in mindset among parents and students alike.
Read at Fortune
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