Trade school, not 4-year college, is a better bet to solve the US income gap, researchers say

Thomas Franck:

Additional trade schools, and not four-year college degrees, may be a better bet for U.S. workers, according to new economic research.

The amount of vocational training available relative to the size of a country’s manufacturing sector may reduce income inequality, and improve the fortunes of workers earning below the top 10 percent of household incomes, the data show.

“Pushing more students to B.A. granting colleges may no longer be the most efficient way to deal with the challenges caused by the decline in manufacturing employment,” wrote Joshua Aizenman, the economics chair at University of Southern California. He did the research with academics at New Zealand’s Victoria University of Wellingt