Quote:
Originally Posted by NuGuy
Heyas,
Making these numbers even more suspect is the fact that certificates don't expire. Think of all the retirees past 65 sitting on ATPs that never get used.
A more accurate assessment would be to look at the number of 1st or 2nd class medicals issued each year. No one is going to bother getting a 1st class medical if all they do is run for a $100 hamburger.
Nu
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Nu - A very good point, and probably a better metric.
OK, everybody, yes, the 40,000 number is very high, but I'm trying to make a point. First off, drop the "when I was instructing, more were in it for fun" line. Even ten years ago, that was true, but not now. Fewer and fewer of the part 61 operations survive, and the percentages of graduates versus starts is far lower than the Part 141 mills. By paying the tuition at, say, ATP - you WILL get the rating, come h___ or high water.
Let's say 80% of the student starts drop out - high, but not unreal. That's still 8,000 people a year - about 13% of the available jobs. We're still looking at a continuous, massive oversupply.
I don't mean to rain on anyone's parade, but let's be rational and reasonable here. I wish the best for anyone getting into this today, but we're swamped - it's gonna be tough for a long time.