Some new drivers base thier choice of company on who offers tuition re-imbursement, instead of choosing the best company to drive for.
Here's why I say that tuition re-imbursement is a scam, a gimmick designed to lure new driver students:
Tuition re-imbusement is paid to a new driver at $100 to $125.00 a month. The average school loan is at $5,000. It will take more than 3 years, not including interest, to pay off the loan if you stayed more than 3 years.
Only 13% of new drivers stay with the first company for 1 year. After you leave the company, you are no longer considered a student. You are now a driver with a few months experience. No further tuition re-imbursement will be given to you at any other company you hire on with.
Less than 1% of new student drivers are at the same company for longer than 2 years. I base that number on an industry turn-over rate of 100% each and every year.
CFI turn-over rate is at 17% for those who stay longer than 1 year. CFI is a great company and all you students should try to hire on.