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5 Booming Trade Careers That Don’t Require Student Loans

Posted by Susan Shain, Student Loan Hero

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Want to earn a decent income when you grow up?

If you believe the hype, you probably think you have to go to college — or live in your mom’s basement for the rest of your life.

I’m here to tell you that’s wrong. There’s another avenue out of the basement: trade careers.

Don’t believe me? Fast Company named skilled trades one of the  five jobs that will be the hardest to fill in 2025 , noting they “have large numbers of workers retiring but fewer young people choosing these careers, which are also difficult to offshore or fully automate.”

And the best part? Trade careers don’t require four-year degrees (and  all the student loans  that come with them).

The next time someone tells you college is the only answer, reply with this stat: According to Explore the Trades, only  35 percent of future jobs  will require a four-year degree or higher.

And then show them this list of booming trade careers, which is based on data from the Bureau of Labor Statistics (BLS). Note that  average job growth  across industries is five to eight percent, so a growth rate of 14 percent or more is considered “much faster than average.”

1. Wind Turbine Technicians

According to the BLS,  wind turbine technician  is the  fastest-growing occupation  in the U.S. Plus, working on wind turbines means you’re contributing to an  important source of green energy .

To enter this exploding career, you must attend a two-year technical school and complete at least one year of on-the-job training or an apprenticeship. And you can’t be afraid of heights or confined spaces.

“My job is physically strenuous, so it pays more than a lot of jobs in the area,”  Reed McManus  wrote. “It brings a lot of joy to me at the end of the day when a turbine has been down for some reason and we’re able to fix it, finally see it fire up again, and produce energy.”

Median pay: $52,260

Job growth (2014-24): 108 percent

See Open Jobs

2. Electricians

You’ve undoubtedly heard of  electricians  and what they do. But did you know it was such a lucrative career? Or that it was growing so quickly? Probably not.

To learn this trade, most electricians complete a four- or five-year paid apprenticeship, which consists of 144 hours of technical training and 2,000 hours of paid on-the-job training per year.

“Four years does sound like a lot of time, but don’t forget that you are ‘earning while learning,’”  electrician Jerry Higgins  wrote. “[It’s] completely worth it, however, and one of the reasons is that most everyone agrees that a journeyman electrician holds the BEST job of all the construction trades.”

Median pay: $57,720

Job growth (2014-24): 14 percent

See Open Jobs

3. Elevator Mechanics

Wow. Can you believe the median salary of this gig? As you might imagine,  elevator mechanics  install and repair elevators, escalators, moving walkways, and other types of lifts.

Elevator mechanics learn their trade through a four-year apprenticeship – which might be why  elevator mechanic Casey Planchon  said you should “start young, while you’re healthy and strong.”

“The job has its ups and downs,” Planchon said. “But the pay, benefits, and satisfaction of building and fixing elevators, escalators, and moving walkways are the best of all the trades. If you decide to pursue this path, push hard and be safe.”

Median pay: $78,890 per year

Job growth (2014-24): 13 percent

See Open Jobs

4. Industrial Maintenance Mechanic

Also called maintenance machinists,  industrial maintenance mechanics  diagnose and repair issues with (you guessed it) industrial machines.

Unlike many jobs on this list, you don’t need to obtain an apprenticeship first. Instead, you’ll receive on-the-job training, which can last a year or more.

Wondering if it’s the right path for you? OwlGuru offers a  quick career quiz  specifically for people who are considering the industrial machinery industry.

Median pay: $49,100

Job growth (2014-24): 16 percent

See Open Jobs

5. HVACR Technicians

HVACR technicians  (heating, ventilation, air conditioning, and refrigeration technicians) help you stay cool in the summer and warm in the winter.

To enter the field, you can look for an apprenticeship or attend a trade school for six months to two years.

“After 15 years of installing and repairing furnaces and air conditioners, I am very happy [with] the experience and knowledge I’ve gained,”  Dan Robbins  wrote. “With hands-on experience and a bit of HVAC schooling, I went from a warehouse clerk to a small-time business owner making a modest living.”

Median pay: $45,910

Job growth (2014-24): 14 percent

See Open Jobs

The important thing to remember? A  four-year college  is not the only path to financial security.

Although it can be wonderful, it can also be an expensive mistake — especially if you’re not sure which career you’d like to pursue.

So before you go into debt for a degree you might not use, explore  all your options , including gap years,  volunteering , and, of course, trade careers like the ones above.

This article was originally published on Student Loan Hero . It is reprinted with permission.

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