Did you know that there are 7 ways to continue your education after high school?? Most people think there are two options: college or nothing. The 7 options I cover with my clients are all ways to continue education, so this does include university but it does not include going straight away into work. Working is a choice, of course, but I want to focus on the fact that there are 6 other ways of educating yourself after high school. Before we jump in, there are a few things I want you to know.
1. Let’s start with the most well known:
UNIVERSITY/COLLEGE. This is where a high school graduate goes to earn a bachelor's degree. Most people assume it takes 4 years to earn a bachelor's degree, but how common is that? Some do finish in less time, but the majority of undergraduate students take 5-6 years to complete their degrees. Many people think the terms University and College are interchangeable, but there are some key differences. Universities offer graduate degrees in addition to undergraduate (bachelor's) degrees. Colleges may or may not offer graduate degrees depending on a few different factors. Public institutions receive some of their funds from the government and will have different tuition pricing based on your residence (in-state vs out-of-state). Private institutions do not receive public funding and do not have price differences based on your residence. Public in-state will be your least expensive option, and private will be your most expensive option.
Next we are going to talk about an option that leads to university. Then we’ll discuss a couple of options that could lead to university or could be an alternative to university. And finally, we’ll cover a few options that are pure alternatives to university.
2. An option that leads to University (for 90% of the students who choose this) is participating in a GAP YEAR program. If you’ve been part of my community for a little while now you’ve been hearing a lot about this from me lately. The reason for that is because I chose this to be the topic of my micro summits this year. So, I’m not going to go on and on about it in this email. If you want to get into more detail about whether a gap year is right for your graduate, click here. If you want to learn how to make the most of a gap year, click here. But I will say that some people think of a gap year as just a year off and wonder why I would include it in a list about continuing education. 90% of the kids who take a gap year are engaging in experiential learning. Most are doing some kind of service-learning project at least if not also traveling, working, or figuring out what they want to major in. This brings them a whole new set of skills, experiences, and networking connections that they would not have gotten had they continued directly on to school. Do some not continue to college? Yeah, some. But, of the ones that don't most go on to university most go on to some other type of institution. Most gap year kids do go on to university, however, and one of the reasons for that is because universities love gap year kids. Many will even allow them to defer their enrollment to take a gap year.
3. The next option is mostly used as a path to university but can also be used as an alternative to university: COMMUNITY COLLEGE. Most of us have heard of community college, but most teens I work with only think of community college as a way for kids with low grades to eventually get into university. That is one way that community college can be used to your benefit, but it’s not the only one. Let’s talk about that for just a second, though. If you want to go to University but your grades do not qualify you for the university or degree of your choice, you can start at community college, improve your grades and then transfer.
Community college is also used as a more cost-effective path to a bachelor's degree. Half of your bachelor's degree will be spent on general education courses. Many people choose to spend their first two years taking general education courses at a community college. At the end of those two years, you’ll be awarded a general associate's degree and then transfer to a university. When you finish your degree you will have a bachelor's from that university just the same as the people who spent 4 (or more) years there, but your degree costs much less.
What most people don’t know about community college is that they often also offer career-specific associate's degrees. These are similar to a bachelor's degree in that you’ll take gen eds and degree-specific courses, but they don't take as long or cost as much. So make sure to take a look at your local community college to see what kind of career-specific associate degrees they offer.
4. The next option could be either a path to college or an alternative depending on what you want: THE MILITARY. In any branch of the military you will receive top-notch training in a variety of career options. Often this will even come with room and board. And one of the best parts is that if you do want to eventually go to college, your VA benefits will cover a good portion of your college costs. However, one can also have a long career with just the military education without additional schooling.
All three of the remaining options are pure alternatives to college or university and do not include or require a path to college. I’ll start with the more expensive options and end on the least expensive option.
5. TRADE AND TECH SCHOOLS. These programs last typically 9 months to a few years, and upon completion, you earn a diploma or a certificate. The educational environment here is different from college. Often the programs are more structured, and most of the time they are much more hands-on. I have noticed a lot of stigma against working in trades which is unfortunate for multiple reasons. Let’s get into this a little bit.
I’ve heard people say, “aren’t those jobs dirty?” And my answer to that is “So?” Sometimes they are and sometimes they are not. And even if they are, so what? If you want to keep squeaky clean while you work then don’t choose this path. But there are plenty of people out there that really don’t mind and that certainly doesn’t mean that they aren't capable.
The biggest argument against trades that I hear is that in the long run you will make more in a profession than with a vocation. That’s not necessarily true; it depends on the job and the educational program. And even when it is true, that gap is closing. There are some professions requiring a degree that have a lower average salary than that of many vocations, so the idea of a degree being a better return on investment is not necessarily true these days. To get a better sense of your true ROI you’ve got to compare the average salary to the educational costs. Also take a look at how long you are in school, aka how soon you start earning instead of spending. The annual cost of a trade program is far less than a degree and you finish sooner which means you start earning sooner. People say, “well in the long run you’ll make more with a degree.” That was more true in past generations than it is now. With the skyrocketing cost of degrees and the increasing amount of educational debt, this gap is closing. Another reason this gap is closing is that this stigma has put more people on the university path which means there is a large supply making it harder to find a job. The majority of tradesmen right now are baby boomers who are retiring. Jobs are being left vacant, so there is a high demand for people to fill these roles. Because of that demand and the fact that these jobs are integral to the functioning of our society, there is a lot of job security here. So, if your teen is someone that doesn’t jibe with highly academic learning environments, if they prefer to learn by doing, don’t count this one out. Sit down and crunch the numbers. It might be better than you think.
6. For some people, the best investment in their future is with a BUSINESS COACH. Yes, you can get a business degree; however, let’s look at the investment for a moment. A degree will likely cost $100,000 at least. Once the degree is completed, how much money is left over for investing in the business? If there’s enough left over, then go for it. For some, putting 4-5 figures into a business coach leaves them with much more to invest in the business. And with a business coach, you will get one-on-one guidance specifically for your business/product. It is true that most 18/19-year-olds out there are not ready to start a business. This option is not for most. However, there are some out there that are ready for it. I’ve met 15/16-year-olds that have started a little business while still in high school. And don’t forget that hiring a business coach can be a great pairing with other things. For example, tradesmen, those in real estate, creatives, they can earn their diplomas and certificates, then get industry experience. When they are ready to increase their earning potential, they can hire an industry specific-business coach to help them grow. Again, this isn’t right for everyone, but if your teen is showing an inclination that they have a mind for it, then crunch the numbers. It could end up being a better investment.
7. The final option is an alternative to college that is the best return on your money, and it’s the best return on your money because you don’t have to put any money into it at all. This free educational opportunity is an APPRENTICESHIP. I’ll go ahead and start this one with an example, Elevator Technicians. This apprenticeship program is about 5 years and the average salary for elevator technicians is $79,000. I've seen on the high end this profession earn 6 figures. Apprenticeship programs do not cost money, and most of the time they pay you to learn. Every program is different, and they can last from several months to a few years. The program could be fully learn as you work, or they may also incorporate some study. The pay will vary by the program as well. You may start out at 50% salary, or minimum wage, but as you progress through the program your pay will increase. Also, apprenticeships are more available than you may think. So, again, if your teen is a doer and would appreciate a different learning environment, don’t count this one out. You can find programs by visiting https://www.apprenticeship.gov/
So, that covers it. Seven possible ways to continue education and learning after high school. I know I threw a lot of information at you, and I tried to keep it somewhat short as it was already so long, but if you want any more information or have specific questions for you or your teen's situation, please feel free to contact me directly. If one or more of these sound like a fit for you or your teen but you're not sure which, my Life Quest program may be a good fit to help dive down and find what would be best for your teen.