Scholarship News

Blue-Collar Students Trucking Through Student Debt


August 15, 2017 2:24 PM
by Susan Dutca-Lovell
The looming 1.4 billion student debt haunts not only college students and graduates, but blue-collar students as well. Dozens of truck drivers recount the industry's hopeful advertisement and how they are left in debt with thousands of dollars in training fees and poor job prospects.

The looming 1.4 billion student debt haunts not only college students and graduates, but blue-collar students as well. Dozens of truck drivers recount the industry's hopeful advertisement and how they are left in debt with thousands of dollars in training fees and poor job prospects.

ADVERTISEMENT

Trucking is crucial for U.S. commerce since consumers depend on it for moving cars, delivering food to homes and transporting online-bought goods. Nearly 10.5 billion tons of freight were hauled by trucks in 2015, which accounts for "70 percent of the tonnage carried by all modes of domestic freight transportation." Despite this, there is still a shortage of truck drivers, especially when it comes to recruiting women (who only make up 5 percent of the industry).

Those who are enticed by online or newspaper ads are led to believe that "they just need to go and will instantly make $500 a week"; however, "they're not ready for the roads, they owe money, [and] they're disappointed." CRST International is one of the transport and logistics companies out there that sell the idea of a promising career in the industry with steady work and a "huge sign-on bonus." Candidates of the program called the training program "brutal"; there didn't seem to be any background checks, there was little preparation for the commercial driver's license test and many were saddled with thousands in debt.

Driving a semi-truck requires a commercial driver's license which can be attained at some community colleges or independent schools. Some schools may be eligible for federal funding through Title IV federal student aid and in the past have received $4 million in federal loans and $500,000 in Pell Grants. In some instances where the trucking company and not the government administers the loan, "workers have fewer protections against harsh repayment terms and high-interest rates."

A traditional four-year college degree isn't meant for everyone. If you would prefer to master a skill or trade outside of the conventional higher education track, we encourage you to check out vocational careers and vocational scholarships. From business to information technology to the health field, you earn vocational degrees that will pay off - and also land vocational scholarships to help pay for school in the meantime.

College is expensive. Scholarships.com has done the work for you. Pay for your college education with free college scholarship money. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT
When you get acceptance letters from multiple colleges, there’s nothing wrong with taking some time to celebrate. But once the mental confetti has fallen, it’s time to decide: which school do you actually want to attend?

Comparing College Financial Aid Offers

April 5, 2023
by Zina Kumok
When you get acceptance letters from multiple colleges, there’s nothing wrong with taking some time to celebrate. But once the mental confetti has fallen, it’s time to decide: which school do you
High school students planning to work in a STEM-based field can rest assured about their career prospects. Research shows that STEM jobs will grow more than twice as rapidly as non-STEM jobs over the next 8 years.

The Lockheed Martin STEM Scholarship

March 30, 2023
by Zina Kumok
High school students planning to work in a STEM-based field can rest assured about their career prospects. Research shows that STEM jobs will grow more than twice as rapidly as non-STEM jobs over the
Did you know that there are more scholarships with deadlines in March than any other month? Now is the time to put in a little bit of your time to apply for as many scholarships as you possibly can. Of course, you are going to want to prioritize wisely, with just over a week left in the month.

Top 5 Scholarships for March 2023

March 22, 2023
by Kevin Ladd
Did you know that there are more scholarships with deadlines in March than any other month? Now is the time to put in a little bit of your time to apply for as many scholarships as you possibly can.
Most major tech companies offer scholarships for prospective or current college students. While some of those are geared toward all students, other scholarships are designed to fix the racial disparity within the tech industry. According to research from 2021, fewer than 10% of STEM employees in the workforce are African-American. The Blacks at Microsoft Scholarship aims to close the gap and encourage more Black students to major in STEM-related fields.

Blacks at Microsoft Scholarship

February 22, 2023
by Zina Kumok
Most major tech companies offer scholarships for prospective or current college students. While some of those are geared toward all students, other scholarships are designed to fix the racial
It’s nearly mid-January already and by now you all should have completed the FAFSA and, if you are on top of things, be applying to scholarships on a daily or at least semi-weekly basis. Even if you haven’t started the scholarship application process yet, you still have a ton of opportunities ahead of you. We are in the heart of scholarship season, with the most scholarships coming online in January of any month in 2023. Below, we put together a list of five great examples of very significant scholarships ranging from ten grand all the way up to $40,000.

Top 5 Scholarships Worth $10K to $40K in January

January 12, 2023
by Kevin Ladd
It’s nearly mid-January already and by now you all should have completed the FAFSA and, if you are on top of things, be applying to scholarships on a daily or at least semi-weekly basis. Even if you