A traditional college education is often perceived as the best path to financial success, considering the fact that the typical college graduate earns about two-thirds more than the average worker with only a high school diploma.
But it’s also an expensive path.
With student loan debt now reaching more than $1 trillion — and counting — loans for education have become the second-largest source of consumer debt in the United States. According to Kiplinger, among the nearly 70% of 2014 college grads who borrowed money to pay for school, the average amount of debt owed was $28,950.
So here’s the good news: getting buried in student loan debt is not the only way to get into a successful and high-paying career.
Kiplinger analyzed 784 occupations and found 10 of the best high-paying jobs in expanding fields that don’t require a college degree.
10 best jobs that don’t require a college degree
Total number of jobs: 41,382
Job growth, 2005-2015: 3.1% (All jobs: 5.3%)
Projected job growth, 2015-2025: 13.6% (All jobs: 11.0%)
Median annual salary: $75,183 (All jobs: $43,430)
Typical education: High school diploma or equivalent
2. Electrical power-line installer
Total number of jobs: 120,059
Job growth, 2005-2015: 11.4%
Projected job growth, 2015-2025: 12.7%
Median annual salary: $66,279
Typical education: High school diploma or equivalent
Total number of jobs: 951,019
Job growth, 2005-2015: 2.6%
Projected job growth, 2015-2025: 15.5%
Median annual salary: $51,971
Typical education: High school diploma or equivalent
Total number of jobs: 455,459
Job growth, 2005-2015: 0.3%
Projected job growth, 2015-2025: 16.7%
Median annual salary: $51,228
Typical education: High school diploma or equivalent
Total number of jobs: 40,582
Job growth, 2005-2015: 26.9%
Projected job growth, 2015-2025: 15.8%
Median annual salary: $49,762
Typical education: High school diploma or equivalent
Total number of jobs: 336,616
Job growth, 2005-2015: 9.9%
Projected job growth, 2015-2025: 19.0%
Median annual salary: $49,150
Typical education: High school diploma or equivalent
Read more: 10 best jobs of the future
Total number of jobs: 25,737
Job growth, 2005-2015: 12.4%
Projected job growth, 2015-2025: 24.2%
Median annual salary: $49,013
Typical education: High school diploma or equivalent
Total number of jobs: 654,008
Job growth, 2005-2015: 18.0%
Projected job growth, 2015-2025: 19.2%
Median annual salary: $48,437
Typical education: Some college
Total number of jobs: 32,039
Job growth, 2005-2015: 13.5%
Projected job growth, 2015-2025: 32.6%
Median annual salary: $47,807
Typical education: High school diploma or equivalent
Total number of jobs: 104,199
Job growth, 2005-2015: 25.7%
Projected job growth, 2015-2025: 22.7%
Median annual salary: $45,750
Typical education: Postsecondary non-degree award
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