What is the difference in earnings between college graduates and trade school graduates?
Oh, that is really a massive amount. That's a crazy amount of jobs. Statistics about growth percentage can be misleading, right? The sheer numbers are just bananas.
Yeah, it's super misleading. I think a lot of us, you know, where do I go? The trades of college. How do you want to spend a third of your waking life? What are your natural skills, aptitudes, tastes? How much do you value money over free time? My old man did not become an ironworker because he loved the trade of ironworking. He did it because he had two kids and alimony.
Alimony, does that still exist? I guess it probably does. I know all about it. It's another skeptical Sunday. Yeah. So I live a pretty inexpensive and thrifty life because money just doesn't really motivate me that much. I like having free time. I like having time to spend with my kid. I like having time to paint, play music, go to the gym. And it's not that one's better than the other.
I totally don't think that it is. But you just have to ask yourself, like, what do you value?
One thing you and I talked about when we first discussed doing this episode was the phenomenon of people getting advanced degrees, right? A lot of people are going, okay, great, college, undergrad, but what if I get a master's or if I get a PhD? All we've talked about so far is a basic bachelor's versus high school versus trade schools.
Do we know much about people who are getting more advanced degrees like yours truly, professional degrees or otherwise?
Okay, so this is where it starts getting tricky. Okay, go on. So people with PhDs on the whole earn more than people with master's degrees, but they earn less than people with professional degrees, which I'm guessing means doctors and lawyers. I mentioned those practitioners. My mother was a speech and language pathologist, and you need a pretty specialized master's of science to get into that.
So maybe that too.
Yeah, PhDs and professional degrees. I always thought that was kind of like trade school for nerds, basically, but I guess, as per our previous conversation here, not really the same thing. Also, I didn't know our moms had the same job. What a coincidence that is.
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