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Fortune
Fortune
Sydney Lake

The new American Dream has parents easing up on college expectations for their kids: 35% are now open to trade school instead

(Credit: Getty Images)

Many parents and kids alike are wondering whether college has the same return on investment it once did. Going to college was once seen as a one-way ticket to a successful and lucrative career. Still, there are a growing number of six-figure jobs that don’t require a degree, while entry-level job opportunities for recent graduates remain sparse. 

Some parents are so anxious about today’s job market that they’re exploring alternatives to the four-year degree, with one in three open to the idea of their kids attending a trade school instead, according to new survey results from American Student Assistance (ASA), which surveyed more than 2,200 parents of middle and high school students about their attitudes, perceptions, and decision-making regarding their kids’ post-high-school plans. 

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