Statistics About The Average Trade School Cost

In this post, we will explore the costs associated with trade school education, shedding light on the various expenses students may encounter. From average tuition fees to program durations and employment outcomes, the statistics provided offer a comprehensive overview of the financial aspects of pursuing a vocational education.

Statistic 1

"The average cost of a trade school is around $33,000."

Statistic 2

"Diploma programs cost anywhere from $10,000 to $20,000 on average."

Statistic 3

"Public, in-district vocational schools average around $6,500 per year."

Statistic 4

"Public, out-of-district vocational schools can total $10,500 per year on average."

Statistic 5

"The average cost of private nonprofit vocational school is approximately $14,000 per year."

Statistic 6

"The average cost of private for-profit vocational school is about $15,000 per year."

Statistic 7

"The average tuition for a four-year medical trade school is approximately $14,000 per year."

Statistic 8

"The average annual tuition and fees for an in-state public community or technical college is around $3,440."

Statistic 9

"The average cost of vocational school ranges from $5,000 to $15,000 total."

Statistic 10

"The median annual tuition for for-profit trade schools is around $14,781."

Statistic 11

"The average annual cost of books and supplies for trade school students is between $1,200 and $1,800."

Statistic 12

"The typical in-state tuition for both two-year and four-year public institutions is considerably less, roughly $3,440 on average."

Statistic 13

"On average, 78% of students who complete their program at a two-year vocational school were employed within 180 days of graduation."

Statistic 14

"The average total cost of a two-year trade school was $10,603 per year for the 2019-2020 academic year."

Statistic 15

"On average, students take about two years to complete trade/vocational school programs."

Statistic 16

"On average, trade school degrees cost $33,000, which, compared to a $127,000 bachelor's degree, means a savings of $94,000."

In conclusion, the statistics presented illustrate a wide range of costs associated with trade schools, depending on factors such as program type, school ownership, and location. While the average cost of a trade school program is approximately $33,000, there is significant variation within this average, with diploma programs costing between $10,000 and $20,000 on average and public vocational schools ranging from $6,500 to $10,500 per year. Private nonprofit and for-profit vocational schools have different average costs, as do specific programs such as medical trade schools. The data also highlights the comparatively lower tuition fees for public community or technical colleges. With trade school degrees costing significantly less than bachelor’s degrees, students can potentially save a substantial amount of money by pursuing vocational education. Additionally, the high employment rate of students who complete their program at a two-year vocational school within 180 days of graduation suggests that trade school can be a worthwhile investment in terms of both cost and future employment prospects.