Yes, you read that correctly: Millennials are increasingly turning to blue-collar work rather than immersing themselves in college loan debt.

The Miami Herald reports more people are getting high school diplomas even as college enrollment has fallen.

A 2014 Pew Research Center study says a college diploma added $17,500 to a graduate's annual salary — but Forbes research says that, particularly for low-income students, the extra money that those four years of college cost just isn't worth it to many.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.