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 are unable to obtain scholarships or grants to greatly help pay the costs of the programs. According to Paul Drago MD, vocational education has been shown to increase employment rates and wages for students who finish their training, but there simply aren't enough students enrolling in these programs since 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 control of all financial aid programs, such as for example grants, loans, and scholarships. But the department only gives money to students who are going to college or other forms of post-high school education, like vocational training classes.
Folks have noted for a long time that students who get into vocational or trade careers can't get government student loans or grants because 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 when they graduate from senior school or finish their training at a trade school, especially since these debts can get 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 the lack of 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 go into these fields of work.
The general shortage of workers with the technical skills demanded by employers today is also a result of the absence of financial assistance. In a poll of middle and students, over fifty percent said they would forgo a college education if it meant they might take effect right away at their ideal job.
Scholarship- And Grant-Receiving Students Are More Likely To Finish Their Programs
Research shows that more than 90 percent of students with financial aid complete an associate degree or certificate program within six years, in contrast to 77 percent of non-recipients. Similarly, 87 percent of scholarship recipients graduate from the bachelor's degree program within six years, in contrast to 73 percent of non-recipients.
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