The cost of CDL (Commercial Driver’s License) training can vary depending on several factors, including the location, type of program, and whether the training is provided by a private truck driving school, community college, or through a company’s sponsored program. Generally, here’s what you can expect:
- Private Truck Driving Schools:
- Cost: Typically ranges from $3,000 to $7,000.
- These schools often offer more comprehensive training programs that can be completed in a shorter time frame.
- Community Colleges:
- Cost: Usually between $1,000 and $5,000.
- Community college programs might take longer to complete but can be less expensive, especially for in-state residents.
- Company-Sponsored Training:
- Cost: Often free or very low-cost.
- Some trucking companies offer paid CDL training in exchange for a commitment to work for the company for a certain period after obtaining your license. This can be an attractive option if you want to minimize upfront costs, though it typically comes with a contractual obligation.
Additionally, many schools and companies offer financial assistance, scholarships, or payment plans to help offset the costs.
Since the next page you’ll probably want is the financial aid info page, there it is.
Is CDL Training a Good Investment?
When compared to other forms of education, Commercial Driver’s License (CDL) training offers one of the highest returns on investment. For a relatively low cost, entry-level truck drivers can expect to earn between $40,000 and $50,000 annually, with potential for even higher earnings in certain regions of the U.S.
According to the latest data from the Bureau of Labor Statistics (BLS) for 2023, the average annual pay for truck drivers is approximately $55,990. The top 10% of drivers earn $76,780 or more.
In contrast, pursuing a traditional university degree often involves accumulating significant student loan debt, with the average path taking at least four years to complete. Despite the time and financial investment, many entry-level positions for recent college graduates offer starting salaries similar to those of truck drivers.
Less Expensive Track to a New Career
In just a few short weeks, you can start a new career with a substantial salary. Most truck drivers are able to recoup their truck driving school expenses within a year. Additionally, many leading companies offer paid CDL training programs, allowing you to enter the workforce with minimal upfront costs. Furthermore, numerous motor carriers provide tuition reimbursement programs, helping employees pay off any remaining training expenses.
