Friday, December 05, 2025

Car repairs are more expensive because of student loans | The College Fix

“Specifically, Ford can’t fill 5,000 mechanic jobs that pay $120,000 a year,”
The Wall Street Journal recently highlighted problems Ford is having hiring mechanics, despite the high wages offered. 
  • Federal student loans...make college seem like a cheaper and better option than going to trade school. 
  • This leads to a shortage of trade workers, which leads to higher prices for consumers.
“We are in trouble in our country. We are not talking about this enough,” Ford CEO Jim Farley said. “We have over a million openings in critical jobs, emergency services, trucking, factory workers, plumbers, electricians and tradesmen.”...

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