Registered building trades apprenticeship programs provide a better path to the middle class than a traditional college bachelor’s degree, according to a recent study by the Illinois Economic Policy Institute.
Entitled “Union Apprenticeships: The Bachelor’s Degrees of the Construction Industry, Data for the United States, 2010-2020,” the report analyzes 10 years of data from the Current Population Survey’s Annual Social and Economic Supplement, which is released by the U.S. Department of Labor and the U.S. Census Bureau.
The study explored how registered apprenticeship programs provide training hours, diversity outcomes, competitive earnings and positive social and fiscal effects that rival universities and community colleges. These programs achieve these outcomes without student debt, which averages $39,000 per student borrower in the U.S. Continue reading →