Old 10-05-2012 | 11:54 AM
  #9  
aaronjmsb
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Joined: Sep 2012
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So here's an update... I've been doing some research and as much as my bank account will hate it, the military is pretty much out of the question for me. I won't be able to pass the physical requirements due to some past surgeries. Major enough to keep me out of the military but minor enough that it won't affect my ability to pass a first class medical.

Getting at least some debt is looking to be pretty inevitable at this point. I've read some people's opinions on these forums that it is a bad idea to go with private party banks like Sallie Mae. My brother-in-law did all of his graduate school loans (he is not a pilot however) through Sallie Mae and he has been happy with the deals and services that they offer, etc. I know that the interest rate is killer and on a pilot's low entry-level salary it will be difficult to pay back in a timely manner. I understand these risks, but is there anything else I should be aware of? Besides of course the high amount of debt, are there other reasons not to go with Sallie May or something similar?

Also, flyeryder (I couldn't figure out how to send a PM) a table or chart to help estimate expenses would be very helpful if that offer still stands. I haven't heard either about training with a foreign airline. That sounds interesting to me. Is there anything else you can tell me about that?

Thanks everyone for the input! It has been very helpful so far!
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