"Some parents are so anxious about today's job market that they're exploring alternatives to the four-year degree, with one-in-three open to the idea of their kids attending a trade school instead, according to new survey results from American Student Assistance, which surveyed more than 2,200 parents of middle and high school students about their attitudes, perceptions, and decision-making about their kids' post-high school plans."
"70% of teens also report their parents are more supportive of forgoing a college education for something different, like trade school or an apprenticeship. "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," Trevor Houston, a career strategist at ClearPath Wealth Strategies, previously told Fortune. "Students now face the highest amount of debt ever recorded, but job security after graduation doesn't really exist.""
"The average cost of college in the U.S. is more than $38,000 (tution and room and board) per student per year, according to the Education Data Initiative, and the average cost of college has more than doubled this century. Private schools almost always cost more than the average. Meanwhile, more than 4 million Gen Zers are jobless and blame their "worthless" college degrees."
Thirty-five percent of parents now believe career and technical education suits their children best, up from 13% in 2019. Preference for traditional four-year college declined to 58%, a 16-point drop since 2019. Seventy percent of teens report increased parental support for forgoing college in favor of trade school or apprenticeships. College now averages over $38,000 per student per year, and costs have more than doubled this century, while more than 4 million Gen Zers are jobless and criticize the value of their degrees. Concerns center on high debt, uncertain outcomes, and stronger ROI prospects for trades.
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