The main social economic implication faced while attending a trade school is the opportunity costs that come along with trade schools. One opportunity cost may include that individuals graduate with very specific skills rather than a wide variety. With a wide variety of skills, college graduates have the opportunity to change jobs or get into a different field of their major whereas trade school graduate’s skills only allow them to do one specific job. Another opportunity cost that comes with trade schools is wages. According to the Bureau of Labor Statistics, lawyers who took the traditional route of college make around $136,260 compared to a mechanical engineer who took the trade school route only make $87,140
The main social economic implication faced while attending a trade school is the opportunity costs that come along with trade schools. One opportunity cost may include that individuals graduate with very specific skills rather than a wide variety. With a wide variety of skills, college graduates have the opportunity to change jobs or get into a different field of their major whereas trade school graduate’s skills only allow them to do one specific job. Another opportunity cost that comes with trade schools is wages. According to the Bureau of Labor Statistics, lawyers who took the traditional route of college make around $136,260 compared to a mechanical engineer who took the trade school route only make $87,140