College might still be the most common path for teens after high school, but a growing number are exploring a different direction: skilled trades. From electricians and plumbers to HVAC installers and telecom technicians,  these careers are experiencing a surge in interest—and for good reason.

Why the shift to trades?

Teens and their families are taking a fresh look at the benefits of skilled trades, and the numbers back it up:

  • Rising tuition costs: The average cost of college in the U.S. is over $35,000 per year for a private institution, compared to trade school programs that typically cost between $5,000 and $15,000 in total. Apprenticeship programs often cost even less!
  • Job growth: According to the Bureau of Labor Statistics, total employment is projected to increase 4% from 2023-2033, with jobs in the skilled trades projected to grow much faster than many other sectors. For example, demand for wind turbine technicians is expected to grow by 60% from 2023-2033. 
  • Earning potential: The median salary for college grads with a bachelor’s degree hovers around $60,000 annually, while skilled trades often pay as much—or more—without the student loan debt. Check out Indeed’s list of the top 12 highest-paying trade jobs on the market.

Beyond the numbers, teens are drawn to the hands-on nature of these jobs. For those who prefer building, fixing, or creating over sitting in a classroom, trades provide a clear path to work they can feel proud of.

What makes skilled trades appealing?

The trades are offering something unique:

  • Quicker entry into the workforce: Most trade programs take less than two years, compared to four or more years for college degrees. Apprenticeship programs typically take two to five years, but start on-the-job training right away and are required to pay the apprentices from day one.
  • Innovative programs: Wisconsin leads the country with innovative apprenticeship programs in a variety of industries you might not expect, such as finance, education, health care, and information technology. Some of these programs even count for college credit or result in a bachelor’s degree!
  • Job security: With aging infrastructure and a wave of retirements among older tradespeople, skilled workers are in demand everywhere—from small towns to big cities.
  • Career growth opportunities: Many trades offer clear advancement paths, from apprentice to journeyman to master. And for the entrepreneurial-minded, these careers often lead to business ownership.

How Money Path helps teens explore their options

For teens considering skilled trades, it can be tough to weigh the pros and cons. Which trade suits their skills? How does starting salary pay vary? What’s the long-term earning potential?

Money Path simplifies this process, giving teens:

  • A clear way to compare earning potential, and job demand for different trades.
  • Tools to map out their monthly expenses so they get a clear picture of what a balanced budget looks like based on their monthly income.
  • The ability to see how their career choice aligns with their future financial goals, like buying a car, saving for a home, or retiring early.

By breaking down the numbers and showing how different paths align with their goals, Money Path gives teens the confidence to make informed decisions.

The future is bright for the trades

Skilled trades aren’t just a fallback—they’re a solid and rewarding career choice. Whether they’re drawn to financial stability, hands-on work, or entrepreneurial opportunities, teens choosing the trades are setting themselves up for success.

With the right tools—like Money Path—they can plan their future and take the first steps toward a thriving career. To learn more about Money Path click here. To schedule a 15-minute live demo click here.