This is the second part in my followup series to a previous article titled, “Bridging the Trades Jobs Gap: Four Key Factors to Watch”. In this post I will address salaries and debt, as well as other points of comparison that impact the choice between skilled trades or non-trades as career paths..
When comparing skilled trades to non-trade or college-track careers, it’s easy to focus on starting salaries—but a deeper look reveals that skilled trades may offer a better long-term value, especially when factoring in debt, time to income, and advancement opportunities.
Faster Entry to Earning
Skilled trades typically allow individuals to begin earning much earlier than those pursuing four-year degrees. Many tradespeople start paid apprenticeships or enter the workforce by age 20–22, whereas college students may not begin full-time work until 23–26. This head start, even at a modest wage, creates a financial advantage by building experience, savings, and retirement contributions while others are still in school.
Less Debt, Faster Payback
Student loan debt is a major burden for many college graduates, with average debt around $29,000–$30,000. In contrast, trade school debt is significantly lower—closer to $10,000 on average. Trade school graduates often pay off this debt within 5–10 years, while college graduates may carry theirs for 20 years or more. This difference gives tradespeople a faster path to financial independence and wealth-building.
Career Longevity and Demand
Skilled trades are not only needed today—they’re projected to remain in demand for decades. Trades like HVAC, plumbing, welding, and electrical work are difficult to outsource and essential to everyday life. Many skilled trades professionals enjoy steady work well into their 60s or 70s, giving them both job security and long-term earning potential.
Promotion and Ownership Potential
The trades offer clear and accessible career progression. Individuals can move from apprentice to journeyman to master technician and into supervisory roles. For those with an entrepreneurial mindset, starting a small business in the trades is often more affordable and feasible than in many other industries. This path can lead to significant income gains and personal freedom over time.
Long-Term Earnings May Surpass Expectations
While starting salaries in the trades may be lower than those of some college graduates, the overall lifetime earning picture is more competitive than it first appears. When you account for earlier entry into the workforce, lower debt, faster advancement, and overtime or self-employment income, many tradespeople match or even exceed the lifetime earnings of their college-educated peers.
Skilled Trades Are Smart Careers
The skilled trades are not just physically demanding—they also require technical thinking, problem-solving, and expertise. As technology becomes more integrated into fields like automotive repair, HVAC systems, and industrial maintenance, the trades demand an increasingly smart, capable workforce. These are not “fallback” careers—they’re smart, respected, and financially rewarding paths.In the end, skilled trades may not just be a viable alternative to college—they may be the better investment for those who are looking for long-term stability, manageable debt, and strong opportunities for growth.