Overview

The 6,700 technical and trade schools in the US offer vocational and technical training for a variety of subjects and trades, such as cosmetology, aviation, or heavy equipment operation. Companies typically prepare students for a particular type of job and often provide job-specific certification. Companies generate the majority of revenue through tuition and fees. Non-profit organizations may receive funding from contributions, gifts, and grants.

Dependence On Government Funding

Technical and trade schools are highly dependent on student financial aid programs through federal (Title IV) and state programs.

Dependence On Employment Rates

Because workers often look to improve their skill set when unemployed, demand for technical and trade school education is dependent on overall employment rates for the US.