As economic uncertainty looms, Generation Z is increasingly skeptical about the value of a traditional four-year college degree.
Fears of a potential recession and mounting student debt are pushing many young people toward trade schools and vocational programs, which offer faster, more affordable paths to stable careers.
A recent survey by JobSage found that 68% of Gen Z workers are worried about job security in a shaky economy, with 42% questioning the return on investment of a college degree.
The average student loan debt in the U.S. now exceeds $30,000, and with rising interest rates, many see college as a risky financial gamble.
Meanwhile, trade schools, which often cost less than $15,000 and take one to two years to complete, are gaining traction for their affordability and direct pipeline to in-demand jobs.
Industries like construction, plumbing, and electrical work are facing labor shortages, creating strong demand for skilled tradespeople.
The Bureau of Labor Statistics projects that jobs in these fields will grow by 5-10% over the next decade, with median earnings often surpassing $50,000 annually.
For comparison, many college graduates in liberal arts or social sciences start with salaries below $40,000 while grappling with loan repayments.
Gen Z is also drawn to the hands-on nature of trade work and the ability to bypass years of academic study.
Social media platforms like TikTok have amplified this trend, with influencers showcasing the financial and personal rewards of careers in welding, carpentry, or HVAC repair.
“I’d rather be my own boss and not drown in debt,” said 20-year-old Jake Carter, who opted for an electrician apprenticeship over college.
However, not all are abandoning higher education. Some argue that college still offers critical thinking skills and networking opportunities essential for fields like tech or finance.
Yet, with 60% of Gen Z prioritizing financial stability over passion-driven careers, according to a 2024 Deloitte study, the shift toward trades reflects a pragmatic response to economic realities.