Are employment contracts the real deal?

a few years ago, when I went to a company sponsored school, we were told the same thing. Yet, on DMV test day we were sent to a third party site for our actual driving tests. there were 2 other companies there, actively recruiting all of us and 2 guys went with the new companies. They new place picked up their "tuition" and as far as I know they were successful

 

I thought about that last night. Took me about a hour to work out roughly.

2500 driving school, 1980's era pricing. (Might as well be 6000 inflated dollars today...)

7 years to pay off Uncle Sam on that paper money loan. Lesson: Collections from Uncle Sam never quit.

Gross Earnings a conservative figure to be sure but it's approaching 800,000 from trucking. Maybe a dallop more when I get ahold of the returns, some of which is higher than average. But Im not going back over 31 years of returns. Let sleeping dogs lie I say. A million made on a 2500 cost of training is plenty investment.

I would have done way better buying 1.60 to 3.00 silver eagles until a few years ago to sell at 50. Ugh.

 

Some guys spend $4,000 at a welding school and obtain pipeline certification, and make 4 times what a truck driver will ever make, just in the first 2 years. The point still remains, the megas will rape and abuse those coming in for as long as it takes them to figure out that .. to that carrier, most new drivers are a cheap commodity with a very limited shelf life.

Granted, there aren't many openings for $150k/yr apprentice pipeline welders, but there are tens of thousands of yearly openings for $30k/yr apprentice truck drivers who are dying to be abused and thrown away.

 

There's another way of looking at this. If you go to college you are now graduating with approximately $65000 in debt these days, with highly uncertain employment that would utilize your degree.

You can pay up to $6000 out of your own pocket to get a CDL or even go through a company sponsored program with employment almost guaranteed. The payback even with a company sponsored program is miles ahead of college. I just wish I had stayed with trucking the first time around, although it was fun playing international sourcing agent for a few decades.

 

Hey I am a college grad lol!
Make better money now though not using my degree lol!

 

A college education is worthwhile if you don't waste it on crap that nobody will need 2 years from from now. Mechanical engineering, computer/robotics engineering, architectural design, industrial design, chemical engineering, etc. Those can pay off big. European art major? Earth humanities major? Not so much.

Doctors and high level nurses with "new-school training" will always be in high demand especially those willing to specialize in plastic surgery and other key specialties.

 

Working back on my Masters soon hopefully

 

The stupid higher education schools these days try and push all sorts of crap objectives onto new students just to keep their current useless faculty busy. And the dumb ### new students and parents will buy anything they try and sell them. Then 4 years later they "graduate" with a completely useless degree, and wonder why their life sucks long term, then proceed to blame you and me for their post-graduate life sucking, and expect you and me to support them in various ways as they learn only to blame corporations and blue-collar workers (taxpayers) for their personal failures.

 

Masters in trucking advice? Your almost there!

 

####!!! Tequila burns when ejected through the nostrils.