The absolute total cross sections for CH3CH2+, C2H4+, C2H3+, CH3+, CH2SH+(CH3S+), CH2S+(HCSH+), CHS+(CSH+), and H2S+ produced by the collision-induced dissociation (CID) reaction of CH3CH2SH++Ar have been measured in the center-of-mass collision energy (E-c.m.) range of 1-42 eV. Using the charge transfer probing technique, we found that the mass 47 product ions have overwhelmingly the CH2SH+ structure. The onsets for CH3CH2+, C2H4+, C2H3+, CH2SH+, H2S+, and CH3+ are consistent with their corresponding thermochemical thresholds. The formation of the higher energy channels CH3CH2+ + SH and CH3+CH2SH+, which involve the C-S and C-C bond scissions, are found to dominate in the entire E-c.m. range. The lower energy channel corresponding to the formation of CH3CHSH++H is not found. The strong preference observed for the formation of the higher energy channels is in accord with the conclusion obtained in the recent CID study of CH3SH+, providing evidence that the CID of CH3CH2SH+ is also nonstatistical. The high yields of CH3CH2++SH and CH2SH++CH3 are attributed to the more efficient translational to vibrational energy transfer for the low frequencies C-S and C-C stretching modes than for the high frequencies C-H and S-H stretching modes, along with the weak couplings between these low and high frequencies vibrational modes of CH3CH2SH+. The relative abundances of product ions formed by the single-photon ionization of CH3CH2SH were also measured for comparison with the CID results. The CH3CHSH++H channel is observed in the photoionization of CH3CH2SH. Similar to the finding in the photoionization of CH3SH, the relative abundances of fragment ions formed in the photoionization of CH3CH2SH are in qualitative accord with statistical predictions. To rationalize the dissociation mechanisms of CH3CH2SH+, we have also performed ab initio calculations to locate the possible transition structures for the observed dissociation channels.