company training actually is- a financed loan that has the possibility of forgiveness if one succeeds. If one fails then they are obligated for the costs of their training.The possibility of the training cost being forgiven is the absolute advantage of company training along with having a job upon completion. To me its an added motivation to succeed and be set up with a great career for free by fulfilling my end of the contract. I would much rather pay a loan back with time while pulling a paycheck then having monthly loan payments with interest.
I spoke with the accredited private schools in my area before finding this site, they were all $8-12,000. If you were to go to a private CDL school and fail, you still owe the money. If you go private, graduate, find employment and then get fired, you still owe the money. Its no different with company training!
Sure, the possibility of forgiveness makes it viable.
The only thing better in my opinion is getting a grant from the government to pay for CDL training.
I received a grant from my state for my CDL training. If I would have failed I would have owed nothing. It was risk free for me.
A CDL is required to drive any of the following vehicles:
I tried to get state assistance but because i was employeed i was too good for assistance
That lady told me with a serious expression, " if you were on unemployment you would get help "
If I would have failed I would have owed nothing. It was risk free for me.
Yes it was. You can thank your fellow tax paying Americans for that. Somebody took their money and gave it to you. Thankfully you didn't squander it.
The prevailing wisdom seems to be that there are only two ways to pay for CDL training: Company 'paid' training or 'out of pocket'.
No one mentions the third option- getting a state government grant. They are quite common and surprisingly easy to get. A simple search in one's state should reveal the possibilities.
A CDL is required to drive any of the following vehicles:
If I would have failed I would have owed nothing. It was risk free for me.Yes it was. You can thank your fellow tax paying Americans for that. Somebody took their money and gave it to you. Thankfully you didn't squander it.
Irrelevant. They simply exist and are easy to get.
The 30 years of taxes( income and property) I paid prior to my grant might offset the cost eh'?
I tried to get state assistance but because i was employeed i was too good for assistance
That lady told me with a serious expression, " if you were on unemployment you would get help "
True. I was laid off from the oil fields after 5 years. The gas/oil boom peaked in early 2017 and many were laid off.
My state invested my previous tax dollars I paid back in me and now I am paying what I was 3 years ago.
Is that wrong?
There is a risk with company paid training that should be understood by everyone who commits to it.
Sure, company paid training is a working system that benefits a lot of folks.. But it seems many do not understand that there are risks involved and if they fail they will owe money.
I bet that might help a few if they realized backing into an electric pole (backing into anything for that matter) would cost them $5,000+
There is another factor with company based training to consider, that is the fundamental motivation of the company to help you succeed.
If you're paying a private school, many of them will give extra time to your education and help more if you're risking failure. I saw my private school do this for many people who were struggling, going as far as giving them twice the paid education time. At a company based school, well they don't have their entire reputation on the line as a training school on the line, they can simply move on to people who are cheaper to train and leave you with the bill.
There's a narrow band of people who will struggle with learning but would be fine with extra attention, and they may well benefit from private schooling.
All else aside, lets not forget that trucking pays the same as bachelors and certain types of masters degree level jobs. If you need private schooling to get in the door it's still a worthy investment.
Truck drivers who regularly pick up from or deliver to the shipping ports will often be required to carry a TWIC card.
Your TWIC is a tamper-resistant biometric card which acts as both your identification in secure areas, as well as an indicator of you having passed the necessary security clearance. TWIC cards are valid for five years. The issuance of TWIC cards is overseen by the Transportation Security Administration and the Department of Homeland Security.
Electric APUs have started gaining acceptance. These electric APUs use battery packs instead of the diesel engine on traditional APUs as a source of power. The APU's battery pack is charged when the truck is in motion. When the truck is idle, the stored energy in the battery pack is then used to power an air conditioner, heater, and other devices
If I would have failed I would have owed nothing. It was risk free for me.Yes it was. You can thank your fellow tax paying Americans for that. Somebody took their money and gave it to you. Thankfully you didn't squander it.
Irrelevant. They simply exist and are easy to get.
The 30 years of taxes( income and property) I paid prior to my grant might offset the cost eh'?
You would argue with a fence post about anything, eh?
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The possibility of the training cost being forgiven is the absolute advantage of company training along with having a job upon completion. To me its an added motivation to succeed and be set up with a great career for free by fulfilling my end of the contract. I would much rather pay a loan back with time while pulling a paycheck then having monthly loan payments with interest.
I spoke with the accredited private schools in my area before finding this site, they were all $8-12,000. If you were to go to a private CDL school and fail, you still owe the money. If you go private, graduate, find employment and then get fired, you still owe the money. Its no different with company training!
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles: