Not all well-paying jobs require a college degree — just as college is not for everyone. Likewise, many jobs not requiring a college degree are not for all workers. Physically demanding jobs limit some, as do higher-risk occupations. Even though a job may not require a college degree, it is not uncommon to see people with degrees holding those jobs. That said, it is possible for non-college degreed workers to earn $70,000 or more annually, depending on the training and skill sets of the individual.
There are some well-paying jobs that do not even need a high school diploma. For others, a high school diploma is a prerequisite at a minimum, with on-the-job training, apprenticeships, and/or vocational or technical training added requirements.
To find the best paying jobs in America not requiring a college degree, 24/7 Wall Street gleaned through data from the U.S. Bureau of Labor Statistics to identify the highest paying non-college positions.
The list of best-paying, non-college degree jobs are shown in the following table. Total employment numbers and the projected change in employment from 2018-2028 are also included. While some occupations are forecast to have robust growth in the 10-years from 2018 to 2020 (such as elevator and escalator installers and repairers, up 10.3 percent), others such as nuclear power operators and postmasters-mail superintendents are expected to decline by 15.5 percent and 27.5 percent, respectively.
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Just like shoes, there is no one-size fits-all job. Some are risky with potential of injury, while others may require extended time away from home (think ships and commercial pilots, for example). For those wanting not to attend college or incur student debt, options are available for a decent paying career.
Coming up in the next blog, the list of college degrees that pay the least. A spoiler alert — topping that list is elementary education, though having a low unemployment rate of 1.5 percent, college graduates with that degree earn just $27,542 per year on average.