An Australian businessman is urging school leavers to consider starting a trade rather than jumping into university and HECS debt.
Jim Penman, founder and head of Jim’s Group, is urging young Australians about to start university to think carefully about their decision before accumulating significant student debt.
“University isn’t the be-all and end-all,” Penman said.
“Many people thrive in careers and businesses that require hands-on skills and practical capabilities, things that university typically does not teach. It simply gives you knowledge, but not necessarily the tools to succeed in the real world.”
Penman outlined how many office jobs will be taken over by technological advancements.
With thousands of Year 12 graduates set to commence university in the coming weeks, Penman wants them to consider alternative career pathways that could offer better job security, financial success and job satisfaction.
The case for trades and service-based careers
Australia is currently experiencing a shortage of skilled tradespeople and hands-on service providers.
“There is an enormous demand for good tradies and service professionals,” Penman said.
“These jobs not only provide stable employment but can also be incredibly lucrative.”
According to Penman, many skilled tradespeople and business owners in service industries, such as those within Jim’s Group, earn well above the average salary, often without accumulating student debt.
Why trades and services are a smart choice
“A lot of people won’t tell you this because they hold traditional education values, but if you really find that university isn’t quite right for you, you can explore other options and you should,” Penman said.
“Why straddle yourself with extraordinary debt when it may not be the best pathway for you. Many of our most successful franchises are university drop outs.”
Penman explains why trades and service-based careers are a good option
- High earning potential – Many skilled tradies earn six-figure incomes, sometimes surpassing university graduates.
- Job security – Trades and service-based roles are always in demand, with fewer risks of industry downturns.
- Pathway to business ownership – Many tradies and service providers go on to start their own businesses, gaining financial independence and work-life balance.
- Low or no student debt – Unlike university degrees that can leave students with massive HECS-HELP debts, trades and apprenticeships allow young people to earn while they learn.
“If you don’t enjoy university, don’t feel pressured to stay. It’s not the only pathway to success and for many, it isn’t the best choice,” Penman said.
“Australians need to embrace the value of trades and service industries, not only for themselves but for the strength of the country’s economy.”
Opportunities with Jim’s Group
The Jim’s Group needs more franchisees to meet growing demand. With over 50 divisions and more on the way, there are plenty of opportunities for young people to try their hand at something new. Whether it’s mowing, cleaning, dog grooming or other services, the Jim’s Group provides a pathway to financial success and business ownership.
For those unsure about their future, exploring apprenticeships, vocational training or service- based business opportunities may be the smartest financial and career move they can make.