Originally Posted by
GlobeTreker
Neither can your employer. You should quit. You don't want to work for people who don't understand basic economics.
I bet guys like you either have or would be willing to felatiate recruiters for bankrupt airlines. I bet you tripped over yourself to send your resume in as fast as you could to places like United, Delta, US Air and American. They all went bankrupt, so I bet you want nothing to do with them right?
Places like Key Bank and Sallie Mae are irresponsible at best and predatory at worst. They know the financial prospects for a would be airline pilot, yet they handed out $100,000 loans anyway. They wouldn't give those loans out if they hadn't paid off politicians to make bankrupting their loans next to impossible.
If a guy who had a GED and bagged groceries at the Piggly Wiggly walked into a bank and asked for a $100,000 loan to finance a project to build a spaceship, that bank would negligent if they gave the poor sap the money knowing he could never pay it back. Student loans have turned people into slaves. We all make financial mistakes. Individuals are being denied the ability to ease their burdens while our corporate masters have integrated bankruptcy into their business plans.
Neither can your employer. You should quit. You don't want to work for people who don't understand basic economics.
Actually they do understand economics quite well.
I bet you tripped over yourself to send your resume in as fast as you could to places like United, Delta, US Air and American
True, I did send resumes to three of the four airlines you mentioned, but that was a long time ago before any of them entered bankruptcy protection.
They all went bankrupt, so I bet you want nothing to do with them right?
We have something we both can agree on - they all went bankrupt
and I want nothing to do with them. In fact, I am quite content flying boxes in the middle of the night for $200K (2013 W-2) as a first officer.
They know the financial prospects for a would be airline pilot, yet they handed out $100,000 loans anyway.
First of all, nobody "hands out" loans. If they did they would be entitlements and not loans. Second, loans are given based on a signed contract in which the applicant
voluntarily applies for it and agrees by signing his or her signature to the paperwork. Third, do not forget that the applicant also knows the financial prospect for a would be airline pilot.
Student loans have turned people into slaves.
Uh, no. People accepting these loans have done that voluntarily on their own.