In 2023 the median annual wage for truck drivers in the US was $53,044 vs the national median wage of $52,612. But what if we told you there are trucking companies like ShipEX where drivers can make a base salary of $62,500 plus bonuses? That’s right – a Class A CDL can put you behind the wheel of those big rigs and increase your income by a lot.
Getting a commercial driver’s license (CDL) can be a game changer for those wanting to become a truck driver. Before we get into the financials, let’s talk about the career potential a Class A CDL opens up. This license is the key to a great career in trucking which has a high demand for qualified drivers all over the US.
With good pay, job security, many job opportunities, and the chance to see new places while on the job, getting a Class A CDL is a good option for those considering enrolling in a CDL school.
How much does a CDL cost?
A Commercial Driver’s License (CDL) can open up a lot of opportunities in trucking but you need to be prepared for the costs. Knowing the financials will help you budget and make informed decisions along the way.
Training Costs
Public vs. Private CDL Schools: One of the first decisions you’ll face is whether to go to a public or private CDL school. Public schools are more affordable, $3,000 to $7,000 depending on the program and location. But they have longer waitlists and less flexible scheduling. Private CDL schools offer faster completion times and one-on-one instruction but cost more, up to $8,000.
In-State vs. Out-of-State Options: Different states have different CDL fees. Another state may have higher or lower fees and if you are willing and able to relocate for your CDL this is an option to consider. Different states also have different trucking jobs you could be eligible for which could also be a factor for potential relocation.
Online Coursework and CDL Prep Materials: Some CDL schools offer online coursework or blended learning but these may come with extra fees. Also investing in CDL prep materials like study guides and practice tests will help you pass your exams but will add to your overall cost.
Testing Fees
Written Knowledge Tests: Before you get your CDL you’ll need to pass written knowledge tests. These tests have state-specific fees, usually $30 to $75. If you don’t pass on your first try you’ll have to pay the fee again for a re-test.
Road Skills Tests: The road skills test is another part of getting your CDL. The cost of this test varies by state, usually $50 to $150. Some states allow multiple attempts within a certain time frame, others require an extra fee for each re-test.
Licensing Fees
Initial CDL License Issuance Fees: After you’ve completed your training and passed all the tests, the next step is to get your initial CDL license. Fees for this vary by state, usually $50 to $100. These fees will make you an official commercial truck driver.
Endorsement Fees: For special driving tasks like hauling hazardous materials, endorsements are required. Endorsements may have extra fees depending on the endorsement and your state’s regulations. Make sure to budget for these endorsements to increase your opportunities as a commercial vehicle operator.
Extra Costs
Medical Exams: Getting your CDL requires a Department of Transportation (DOT) medical exam. The cost of this varies by provider, usually $100 to $200. You need to be in top physical condition for all truck drivers.
Study Materials and Study Aids: Invest in quality learning materials and study aids to increase your chances of passing the CDL exams. Study guides and practice tests are gold. These aren’t going to break the bank but are part of the CDL process.
CDL Cost Considerations: In addition to medical exams and study materials you need to factor in living expenses during your CDL training. This is accommodation, food, and transportation. Depending on your situation don’t forget to factor in lost wages if you need to take time off from your current job to attend a truck driving school.
Saving Tips
Getting a CDL can be a big financial investment but with some saving tips you can make it more manageable. Here are some tips to help you reduce costs and save money while getting your commercial driver’s license.
Financial Help for CDL Training
Scholarships and Grants
If you’re worried about CDL class costs, look into scholarship and grant opportunities. There are many organizations that offer financial assistance to individuals getting their CDL and a career as a truck driver. Research these and you might find one that fits your goals and qualifications.
Employer-Sponsored Programs
Another way to get your CDL is through employer-sponsored programs. Many trucking companies offer assistance to their employees which can be tuition reimbursement or full coverage of CDL training costs. Look into companies in your area that offer CDL training assistance and consider the job opportunities they have.
Military CDL Programs
If you’re a veteran or active military personnel you may have access to military benefits that can help pay for CDL training. Programs like the GI Bill and others can provide financial assistance so it’s more affordable to get a career as a truck driver.
Reducing Permit and Test Fees
Prioritize Expenses
When managing CDL class costs you need to identify the essential expenses, CDL permit fees, and test fees. Create a budget and allocate your funds to these critical parts of your CDL training.
Use Free Resources
To reduce CDL training expenses even more use free or low-cost study resources. Online practice tests, library materials, and study guides can be great tools to study for your CDL exams without adding to your CDL cost.
Return on Investment
Projected Income
When looking at the income of a Class A truck driver you need to look at the current salary trends. As of 2023, the median annual salary for truck drivers in the US was $53,044. However, having a Class A CDL can increase your earning potential. Many specialized roles in the trucking industry like hauling hazmat or heavy equipment can pay more. And working for a reputable company with a good pay scale can increase your income even more.
Beyond Salary
While a good salary is nice, the benefits of being a Class A truck driver go beyond the money. One big advantage is job security. The trucking industry is facing a big driver shortage right now so there’s a high demand for CDL holders. So as a truck driver, you’re in a position of great job security with many opportunities.
Plus the trucking profession gives you the chance to travel the country and see new places. If you like the open road and new landscapes a career as a truck driver gives you the freedom to do just that.
ROI
When comparing CDL training costs to other career paths or educational investments it’s clear that becoming a Class A truck driver is a smart choice. CDL training programs are more affordable and shorter than many other educational paths. So you can start making a good income faster and recoup your investment sooner.
Get Started
Ready to hit the road to a great career?
Getting a Class A CDL is an investment in yourself and with ShipEX you can turn that investment into a successful career in the trucking industry. We’re always looking for qualified drivers with 2 years of OTR experience to join our team and experience the ShipEX difference:
- Competitive pay and benefits: $62,500 base pay, 2 monthly bonuses, great benefits, and paid time off.
- Modern fleet and equipment: You’ll be driving late-model trucks with the latest safety features and technology.
- Home time options: We know how important home time is so we offer paid home time for our drivers.
- Supportive work environment: We strive to create a positive and supportive work environment for our drivers.
Looking for a trucking company that values its drivers and has a bright future? Look no further than ShipEX. Apply for a CDL-A driver position today!
