High-paying trade jobs sit empty even as college degrees drop in value

The American economy needs fewer bachelor’s degrees and more ironworkers Thousands of high-paying blue-collar jobs that don’t require a college degree sit empty because too many people think college is necessary, according to the Hechinger Report. “While a shortage of workers pushes wages higher in the skilled trades, the financial return from a bachelor’s degree … Read more

‘Massive shortage’ in trade professionals was inevitable

The ominous warnings of a void in trade professionals are finally coming to fruition. Application rates to technical jobs that require vocational training dropped by 49% in 2022 compared to 2020, according to data from Handshake obtained by NPR. The US Chamber of Commerce in their 2023 economic projections predicts a “massive shortage of skilled workers.”  Traditional trades, however, … Read more

Bill would force universities to repay portion of student loan default

A U.S. senator has introduced legislation that seeks to require colleges and universities to pay 50 percent of student loan balances that go into default. Missouri Republican Senator Josh Hawley introduced the “Make the Universities Pay Act” on Sept. 21 in the wake of President Joe Biden’s announcement that taxpayers will absorb student loan debt … Read more