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Old 10.05.2007
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Quote:
Originally Posted by Tip View Post
My question is: if I were to sign on at Pumpkin, Inc through this program, and then I decided to leave before my slavery period is up, am I responsible for ONLY the 900? If yes, then this would be a great deal, indeed. I have a feeling I'd be paying back several thousand, though. Can someone set me straight here on this issue?

How much WOULD I be paying Schneider if I quit 'em before the contract is up?

I believe its $4000- 4500 prorated for the amount of training you are there. You can actually view the contract on the schneider website. From main page click on drivers then processing forms. on that page you can see the actual contracts they will make you sign.
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  ^ Top   #12  
Old 10.05.2007
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Originally Posted by Tip View Post

If I sign up for this program, then walk away before my slavery period is up, how much am I responsible for? If it's 900, that's not a bad deal. It's pretty damn good, in fact. That'd be worth the risk.
Hey Tip,
Here are my notes, good as of today (don't ask) per Schneider recruiter:
For Charlotte training center (that's the closest one to me)
5K outright (tuition deferment with a contract of 18 mos).
Paid back with payroll deduction of $13.89 per week ($55.56 per month) for 18 mos = $900 IF you stay w/Schneider for 18 mos.

I suppose if you quit, the contract you sign would be enforceable for the entire $5K.

Hope this helps.
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  ^ Top   #13  
Old 10.05.2007
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Tip Tip is offline
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Ouch
Quote:
Originally Posted by LKat View Post
Hey Tip,
Here are my notes, good as of today (don't ask) per Schneider recruiter:
For Charlotte training center (that's the closest one to me)
5K outright (tuition deferment with a contract of 18 mos).
Paid back with payroll deduction of $13.89 per week ($55.56 per month) for 18 mos = $900 IF you stay w/Schneider for 18 mos.

I suppose if you quit, the contract you sign would be enforceable for the entire $5K.

Hope this helps.
That's what I suspected. Thanks a bunch.

I know I'd never go this route, but to each his own.
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  ^ Top   #14  
Old 10.05.2007
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re post
Much safer than driving in Iraq for a year making 100,000, or ice trucking...
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  ^ Top   #15  
Old 10.05.2007
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Much safer than driving in Iraq for a year making 100,000, or ice trucking...
But what about challenge and adventure?
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  ^ Top   #16  
Old 10.06.2007
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But what about challenge and adventure?
Atlanta during rush hour.
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  ^ Top   #17  
Old 10.13.2007
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Help 2
Quote:
Originally Posted by LKat View Post
Hey Tip,
Here are my notes, good as of today (don't ask) per Schneider recruiter:
For Charlotte training center (that's the closest one to me)
5K outright (tuition deferment with a contract of 18 mos).
Paid back with payroll deduction of $13.89 per week ($55.56 per month) for 18 mos = $900 IF you stay w/Schneider for 18 mos.

I suppose if you quit, the contract you sign would be enforceable for the entire $5K.

Hope this helps.
When I signed on in March/April 2007 it was $3500 or free after 12 months of working with Schneider and no payroll deduction.

Many tech schools have CDL training for $1500 or so, but then you need to find a company to hire you (many won't without experience)
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Old 10.13.2007
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Each school has a different cost. The Fontana OC has a cost of about 4500 bucks. You pay 15ish each paycheck and they pay 55 themselves. IF you stay with them for 18 months, they will pay most of the cost with you paying about 900 of the total cost of tuition. If you cut out early or whatever, you will have to pay the rest of amount on your own at a certain percentage rate, here 18%
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Old 10.17.2007
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Quote:
Originally Posted by lookingup View Post
Much safer than driving in Iraq for a year making 100,000, or ice trucking...
Or staying at the Montibello yard... Been there done that a LONG time ago when I had a "un ripe" pumpkin to drive.
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  ^ Top   #20  
Old 10.17.2007
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Quote:
Originally Posted by Tip View Post
Hmmm. I replied to this thread, yet the message disappeared. Here goes again.

Come on guys. That's two YEARS to the bonus. That's quite a long time to be in the indentured servitude phase, don't you think? However, at 900, it may not be a bad deal at all.

My question is: if I were to sign on at Pumpkin, Inc through this program, and then I decided to leave before my slavery period is up, am I responsible for ONLY the 900? If yes, then this would be a great deal, indeed. I have a feeling I'd be paying back several thousand, though. Can someone set me straight here on this issue?

How much WOULD I be paying Schneider if I quit 'em before the contract is up?
try about $6,500 with interest if you quit or fail towards the end of training. Good deal as long as you know you can make the 1 1/2 years with a 115% turnover ration that's a tough one to chew.
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