Old 08-03-2011, 05:01 PM
  #2  
Cubdriver
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Joined APC: May 2006
Position: ATP, CFI etc.
Posts: 6,056
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Debt for flight training is not a good idea in the present airline economy, and for that matter has not been a good idea since about 2006. Even then we had raging debates about the value of AllATPS and the like. Don't let talk of shortages get you to buying into loans in order to enter a market that offers bus driver wages. The wage structure at the lower end of aviation is such that it crushes those who does not have their debts out of the way before they enter. You should start managing your money now, pay as you go for training, avoid any and all debt, start yourself a 401k, and live frugally as possible. Pursue aviation as your finances allow and when the time is right you will have all your flight hours including the 1500 you require. Only then are chances of making an airline career work out fairly decent. Flying full time will be just as fun if you take 6 years to get into it, rather than 3.
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