That's already happening with technical/trade/alternate school to career paths are rising up and some colleges are panicking with declining enrollment.

I am on a co-op board here in NY, pretty much all our young buyers the last 2 years are all gen-Z who went the non-college route and have saved up more than enough to put a downpayment on a home for themselves and have a mortgage instead of college debt.

Almost every gen-Z I have met who owns a house got a loan from the bank of mommy and daddy.

You pull back the veneer and you find out that mom put down $50k on the house. There was a new coffee shop nearby to me and it had a really cool space, warehouse type, and I was talking to the young owner how cool their business is until they divulged that the space belongs to their dad - ok I guess daddy is just throwing money at you to keep you busy.

With the gap between capital income and labor income widening, it is becoming more difficult to obtain capital with your income at a young age.

How did they save for the down payment? The ROI for college isn't what it used to be, but there isn't a clear non-college path in the US, either.

> pretty much all our young buyers the last 2 years are all gen-Z who went the non-college route and have saved up more than enough to put a downpayment on a home for themselves and have a mortgage instead of college debt.

Really? How much money did they start with versus how much they earned via working? This feels like a bit of burying the lede here.