Loans or No Loans?
Hey! So I just turned 20, I have a private pilot license, and I am a Junior in college (skipped a grade back in middle school). I'm looking to graduate next year around this time. My goal is to be an airline pilot, and so when I graduate I want to attend flight school. I'd like to hear some recommendations regarding loans. Would it be better to delay flight training (and the start of my airline career) and save up the remaining 30-40k I will need for training? Or would it be advisable to take out the necessary loans and get through the training as early as possible so that I can start CFI'ing and building hours? I hear that the pay for CFI's is low and would make paying off loans difficult. However, getting a later start might be bad as well. Any input would be great to hear. Thanks!