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Old 02-10-2006, 05:32 AM
  #4  
SkyHigh
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Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Default Student Loans

If you are carrying any student loans that came with the Masters Degree then I would say that you are at a disadvantage. Why would you want to become a pilot anyway? Don't you already have enough eggs in one basket as it is? Why not go to electrician trade school or something? You have to make a living someday or are you financially independent?

If you just completed 6 years of education then you are probably reaching 25YO. Add one to two years of flight training and two to three years as a CFI and then 3 to 7 years as a regional FO and you will be an old man before you come even close to making a living. My estimates are average times. By the time you reach a point to apply to the regionals the industry could be very different.

The results could be 15 years and 200K invested to get a job that pays 42K and you could be laid off at any moment. Why don't you use your masters degree to think about that for a while.


SkyHigh

Last edited by SkyHigh; 02-10-2006 at 06:55 AM.
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