How to Get an Apprenticeship and Avoid Student Loan Debt
Student loan debt in the United States has been a growing problem for many years. Today’s total student debt soars over $1.7 trillion, with the average college graduate owing $20,000 to $25,000. If you’re thinking about your academic journey or giving advice to someone who is, it’s crucial to weigh the alternatives to traditional college that could greatly lower your financial burden.
One of the easiest ways to go about this is registering in an apprenticeship program. Not only does this offer a practical path to a satisfying career, but they also relieve the financial burden commonly associated with higher education.
The Apprenticeship Advantage: Learning by Doing
Apprenticeships combine hands-on activities with a theoretical foundation. Unlike traditional higher education that could leave you smothered in student loan debt, apprenticeships let you to “earn while you learn.” These programs haven’t been used as much as they could have in the past but are getting renewed attention from employers and academic institutions as they understand the value of practical experience in career development.
Why the Resurgence in Apprenticeships?
Apprenticeship programs aren’t only about debt avoidance; they’re also about employability and skill mastery. Traditional degree programs usually target on theoretical knowledge, which is certainly important but lacks the real-world application that employers want. Apprenticeships bridge this gap by helping you get job-ready and supplying you with the tools needed to shine in your chosen field right from the get-go.
Apprenticeship Paths: Trade and Academic
Understanding the kinds of apprenticeships available can help you make a more informed decision. Here’s a breakdown of the two main options.
These programs prepare you for jobs where a college degree is frequently unnecessary. While society’s focus on higher education has caused a decline in these sort of apprenticeships, the lack of skilled tradespeople has caused a surge in demand and, as a result, higher salaries.
The Department of Labor states that apprentices in trade fields earn around $15 per hour throughout training, or $31,200 yearly if training full time. As soon as the program is done, the average apprentice can earn the following salaries upon joining the workforce:
- Electrician: $49,840
- Plumber and pipe-fitter: $49,140
- HVAC technician: $43,640
- Solar panel installer: $37,900
- Auto mechanic: $36,610
- Construction worker: $30,000 to $45,000
Academic institutions are frequently including apprenticeships in their degree programs, especially for fields like engineering, health care and information technology (IT). The pros are two-fold: students get real-world experience while fulfilling academic requirements, and they earn a wage, limiting the need for loans.
How to Apply For an Apprenticeship
A number of resources are at your disposal to help you get an apprenticeship. Here’s where to look:
- Trade organizations and unions: Start by contacting specific institutions relevant to your field of interest to see if they have any available apprenticeships.
- US Department of Labor: The DOL website has a searchable database of apprenticeship programs that you can search by geographic region, which is an outstanding resource for career seekers all over the country.
- Educational institutions: If you want to work while seeking a degree, colleges and universities are the first point of contact. The programs most likely to integrate apprenticeships as part of the degree program are in computer and IT, engineering, nursing, business management or consumer science.
- Trade company websites: Many companies post apprenticeship opportunities on their job pages.
- Networking: In some cases, the traditional way is the best strategy. Talking to people in the field can provide you with insider information on possible opportunities.
Choosing the Appropriate Apprenticeship for You
When you take the traditional college route, you choose a major based on your personal strengths. Then, you look for job opportunities connected with that major. On the other hand, seeking an apprenticeship requires you to think in reverse.
Start off by choosing the majors and career paths that utilize or require apprenticeships. And then, pick one of the available apprenticeships from your narrowed-down list that sparks your interest, matches your skill set or offers the best income, depending on your priorities. This approach helps you match your educational pathway with real-world opportunities, which makes for a smoother transition into the job market and a satisfying career for years to come.
Earn While You Learn at Service Experts Career Academy
Are you looking to avoid the student loan trap while developing a satisfying career? Winnipeg Supply Service Experts offers an excellent apprenticeship program called Service Experts Career Academy (SECA). SECA offers cutting-edge HVAC training and on-the-job learning facilitated by Expert industry professionals. The curriculum is created to equip you with vital skills and make you a master in your field—all while preventing your own student debt crisis.
The path to a fulfilling, debt-free occupation starts with making informed choices. If you’re prepared to take control of your future with help from Winnipeg Supply Service Experts, please get in touch with us to learn more about Service Experts Career Academy. Contact us at 204-800-0613 today to learn more!