Monday, December 2, 2013

# Case Study

When considering the benefits of choosing vocations over degree education, it is helpful to look at specific jobs and their average wages and employment growth rate.  When considering these examples, it is important to remember that labor jobs require half the schooling so these workers start with half the debt and start working sooner.  Three examples for labor jobs with their wages and growth outlook are: Cosmetologists with $22,500/yr and 14% growth, Welders with $35,450/Yr with 15% growth, and Plumbers with $46,660/yr and 26% growth.  All of these are middle class wages except Cosmetologists who require the least training.  Three examples for jobs requiring bachelor's degrees are: High School Teachers with $53,230/yr and 7% growth, Journalists with $ 55,420/yr and 6% growth, Accountants with $61,690/yr and 16% growth.  While the wages are higher, the discrepancy in workable time and student debt contribute to the numbers.  However, the growth of Vocational jobs is much higher meaning that more people entering the workforce would be able to get jobs as opposed to the more expensive college degrees. This plays to the argument of the benefit of vocational education as probably slightly lower wages but much greater rate of employment.

The website used was the US Burreau of Labor Statistics with specific adresses:
http://www.bls.gov/ooh/Construction-and-Extraction/Plumbers-pipefitters-and-steamfitters.htm
http://www.bls.gov/ooh/production/welders-cutters-solderers-and-brazers.htm
http://www.bls.gov/ooh/Personal-Care-and-Service/Barbers-hairdressers-and-cosmetologists.htm
http://www.bls.gov/ooh/education-training-and-library/high-school-teachers.htm
http://www.bls.gov/ooh/Business-and-Financial/Accountants-and-auditors.htm
http://www.bls.gov/ooh/media-and-communication/writers-and-authors.htm

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