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It’s no secret that Gen Z is entrepreneurial, and research shows that the majority would take a job as a social media creator rather than a standard 9-5 job. Nearly half go the extra mile by starting a side job to afford “normal things.”
Now, new research shows that trade schools may also influence Gen Z’s entrepreneurial aspirations, especially in the face of improved AI capabilities and rising education costs.
According to information from January National Student Clearinghouse Report, vocational community college enrollment has increased 16% since 2018. The increase was mainly concentrated in urban and suburban areas, where students choosing trade programs recorded increases of 3.5% and 3.7%, respectively.
Related: Most Americans don’t think higher education is worth the cost, but a state-by-state breakdown of college graduate salaries tells a different story.
last year’s version The report found that enrollment in programs in the construction, culinary, and mechanical industries grew by 19.3%, 12.7%, and 11.5%, respectively, from 2021 to 2022.
“We found that 75% of Gen Z say they are interested in becoming an entrepreneur,” says a career coach. ramsay show Co-host Ken Coleman Said fox business. “They want to work for themselves…Trade works for themselves, creates jobs for others, and small and medium-sized businesses are the real backbone of our economy. It provides a faster and cheaper path to connect.”
The number of students choosing vocational schools has increased, but the number of students deciding to pursue a four-year undergraduate degree has decreased.
a Separate report for April The National Student Clearinghouse report details that the number of students earning bachelor’s degrees decreased by nearly 3% in the 2022-2023 academic year, continuing an overall decline from the previous year.
Related: Inspired by the “strangely authoritarian” US education system, the couple ended up co-founding a “genius school” for future entrepreneurs and leaders.
in NPR According to an article published last week, Cy Kirby, a 32-year-old construction company owner, said he knew early on that he would choose vocational school and has no regrets.
Kirby told NPR that at age 19, he chose to work at the local water department rather than attend college. He calls Gen Z the “toolbelt generation,” but the term is also used for other generations. wall street journal.
“As a guy who knew for a fact that he wasn’t going to college, I was facing a lot of pressure,” Kirby told NPR. “I knew he wasn’t going to sit in a classroom, especially since I knew he wasn’t going to pay any tuition.”