Thread
Tip from a proGeneral

Before you sign a private trade school loan, ask these questions

Asked by Kash_sing · Aug 18

Every few weeks a new hire tells me what they owe on a private trade school program, and some of them didn't need to owe it. I'm not against private schools. Some are good. But ask these before you sign anything: - What's the total cost, including tools, books and fees, not the monthly payment - How many hours are hands-on shop time versus classroom - What share of graduates are working in the trade a year later, and how do they count that - Does the county vo-tech or community college near you have an adult program for less - Would an employer pay for it if you got hired first If the admissions person gets pushy when you ask, that's an answer too.

5 replies

RT
Rui Teixeira
Master Plumber, second-generation shop owner · 23 years · Hudson County, NJ
Mentor

My father used to say never borrow for something you can get paid to learn. He wasn't always right, but he was right about that one.

8 helpful · Aug 24
MS
ms_almonte
Vo-tech instructor, plumbing & HVAC · 28 years · Passaic County, NJ
Mentor

All good questions. I'd add one from my side: ask to sit in on a shop class before you enroll, on a normal night. You'll see in ten minutes whether students are working or watching. Ask me how I know some programs don't love that request.

5 helpful · Aug 19
haddad_mech
Mechanical contractor (HVAC + plumbing) · 24 years · Burlington County, NJ
Mentor

Here's what I look for when I hire, since it's related: I don't check where someone went to school. I check whether they can do the work and whether they show up. A certificate helps you get the interview, not the job.

4 helpful · Aug 19
thiago_sparks
Electrical Contractor · 22 years · Monmouth County, NJ
Mentor

Honestly I'm the guy who went to a private trade school and it worked for me. But I was 19, lived with my parents and had no bills. It's different math if you're 35 with rent. I'd push back a little on making it sound like a trap.

1 helpful · Aug 20
Kash_sing
HVAC contractor, owner · 25 years · Middlesex County, NJ
Mentor

Fair point, Thiago, and I'm not saying skip them: - If the cost works and you learn better in a classroom, it can be worth it - If you can get hired as a helper first, try that before you borrow

1 helpful · Aug 21
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