Quote:
Originally Posted by Captain Bligh
Here's my mentorship for free:
Quit flying and go back to school and learn to do something, anything else. This is a dead end job working for greedy selfish people. Either through self realization or by being my copilot, one way or the other, you'll be miserable.
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Disclaimer: this is a generalization.
It's not about being selfish or greedy. It's about Return on Investment and how it is impossible to pay interest let alone reduce the principal and cover minimal living expenses. Yes, you could get a piece-mealed FBO license for 30K. However, to advance in this career you need a degree. To create a model that reflects that of other professions, you have to expect an aspirant to complete flight training and college tuition before entering the job market. Factoring initial cost, compounding interest and living expenses, a new pilot may not se an improvement in his/her financial situation for 5-10 years. While the new pilot is able to make a little more money each year, compounding interest moves the financial vertex out of sight. This of course is assuming that the aspiring pilot is not furloughed. Who chooses to enter a profession with such prospects?
People:
1: with no financial sense.
2: with rich parents.
3: who se nothing but the big shiny plane.
4: who are not sensible/bright.
5: who did not do enough research.
In any case, the quality of aspiring pilots, or a large portion thereof, will decline. Why? because they are not the best applicants or they were seriously disappointed.
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