> You think everyone can be an electrical engineer? Or even wants to be an electrical engineer?
No, that's why I said:
> There will be some small handful, but the incentives push strongly towards one over the other.
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> If you look at when the trades start earning and if they are willing to go where the high pay is (just like some CS guy won’t make FAANG wages in Ohio), they can do very well.
Of course, and if you look at when degreed engineers start earning (not even mentioning benefits, bonuses, equity...), and if they are willing to go where the high pay is, both numbers are higher. Until that's not true, until the lifetime earnings of trades is at parity or higher than college-bound careers, the incentives will always be lined up that college is the better choice from an earnings point of view.
Money isn't everything. Not everyone will pick the options that lead to the highest lifetime earnings/earliest retirement/least risk of on the job injury, but most will if given the option. Pretending that isn't true doesn't benefit anyone.