I agree with a large number of qualified pilots that will not go to work for the ridiculously low pay of the regionals and other low paying ventures, but has anyone noticed the lack of American/domestic students at the flight schools? Some schools have a ratio of 8:1 or greater, foreign:domestic. This pilot shortage gets made fun of a lot of the time, but based on some of these numbers (cfi transitioning to FO) the shortage may be for real. Based on the pay at this level... I'm not surprised.