Scholarships Help Vocational and Trade Students by Paul Drago MD
Trade and vocational jobs are essential to the economy, but many those who could pursue them cannot afford training or education. Many students cannot obtain scholarships or grants to greatly help pay the expenses of these programs. In accordance with Paul Drago MD, vocational education has been shown to boost employment rates and wages for students who finish their training, but there simply aren't enough students enrolling in these programs because there isn't enough funding readily available for them.
Financial Aid Is Not Available To Vocational And Trade Students
The federal government's Department of Education is in charge of all financial aid programs, such as for instance grants, loans, and scholarships. However the department only gives money to students who will college or other types of post-high school education, like vocational training classes.
Folks have noted for quite a while that students who get into vocational or trade careers can't get government student loans or grants since they don't have an associate's degree or higher. This can be quite a big problem when it's time for these students to cover off their student loans once they graduate from high school or finish their training at a trade school, especially because these debts can have more expensive over time.
Lack Of Financial Aid Has Limited Students In These Fields
There aren't many students studying these areas as a result of having less financial aid. The Department of Labor reports that over 2 million jobs in trades and vocational fields are presently open, requiring little to no postsecondary education. But only 6% of secondary school grads enter these fields of work.
The general shortage of workers with the technical skills demanded by employers today is also a result of the lack of financial assistance. In a poll of middle and high school students, over fifty percent said they would forgo a college education when it meant they may start working straight away at their ideal job.
Scholarship- And Grant-Receiving Students Are More Likely To Finish Their Programs
Research indicates that a lot more than 90 percent of students with financial aid complete an associate degree or certificate program within six years, weighed against 77 percent of non-recipients. Similarly, 87 percent of scholarship recipients graduate from a bachelor's degree program within six years, weighed against 73 percent of non-recipients.
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