Did You Know? Trade School Enrollment is Rising in Maine!
It’s not just you — more families across Maine are thinking outside the college box. In fact, trade schools and apprenticeship programs are seeing a major boost in enrollment, both statewide and nationally.
According to the National Student Clearinghouse Research Center, while traditional four-year college enrollment has dropped over the past decade, enrollment in vocational and trade programs has jumped by more than 16% since 2022. In Maine, schools like Southern Maine Community College, Eastern Maine Community College, and the Maine Maritime Academy are reporting strong growth in trades like welding, plumbing, marine technology, and healthcare support roles.
Why? Two reasons:
🔹 High-paying career options: Many skilled trades offer salaries that match — or beat — traditional college-degree jobs. For example, electricians in Maine can earn an average of $61,000/year according to the U.S. Bureau of Labor Statistics — with some hitting six figures with overtime or specialized certifications.
🔹 Lower debt (and stress): Vocational programs typically cost far less than a four-year degree, helping families and students avoid massive student loan debt.
Early Savings = Bigger Choices
Starting a savings plan now, even with small contributions, gives your kids more freedom later — whether they choose college, a trade school, an apprenticeship, or even starting their own business. According to SavingForCollege.com, families who save early can reduce their future loan debt by up to 50%!
By putting money aside now, you’re giving your child a choice — not a financial burden.
Here are a few simple tips:
✅ Open a Family Savings Account built to fit your goals
✅ Automate small deposits — even $20/week can add up fast
✅ Explore flexible savings options
Whether their future is in a hard hat or a business suit, smart saving today helps them start strong tomorrow.
Ready to build a plan that works for your family? Contact Carrielyn Reynolds, Financial Coach at (207) 872-2771 for a one-on-one session to learn more.