Originally Posted by
FaceBiten
Don't discount one huge pot of money for flight training. Tons of ex mil use GI bills to finance flight training while getting degrees. I know one particular university whose flight program was majority ex mil using GI bills and foreign students whose government footed the bill. Not very many average Joe Schmoe college kids whose parents were paying for everything. Most of those guys quit after they realized it was not fun having to work somewhat hard to get ratings at an astronomical cost, with a dismal ROI, and having to take classes at the same time. Don't know if that is representative of the larger aviation university population or not.
When I got the GI bill, it was $18000, about half what a Comm MEL ticket cost, and it didnt cover anything until one got his private. Maybe things are different now, but for me, the GI bill assisted me getting my tickets; I still had to come up with the other half plus room, board, etc.
(That $18,000 worked out to about 3k per year of service: not exactly a windfall.)