Originally Posted by
rickair7777
Avoid debt if at all possible. But have a financial plan that drives how long you need to stray in the middle east...that way you have a goal and light at the end of the tunnel.
Also I would explore other options for flight training, it seems that 90K might be a little high unless you're getting a degree or a lot of ME time (but you don't even need much ME time for regionals today anyhow).
Also...do you have a 4-year degree? You'll need one for the airlines.
I'm looking to be coming back to the states Debt free and with about around 30k dollars - which is intended for school. If I stayed all the way to the end of the year it'd be around 50k. It's a bit hard to explain without going into detail, but I will lose a lot of money over here if I don't leave before June, which is what sets the amount I make back even if I stay the full year. I was thinking if 30k is enough to start school, and I work while going to school, then everything would probably be OK and it would get me started on racking up time earlier (the earlier the better, I've heard).
The 90k USD flight program does sound like a lot, but that is including a Bachelor's Degree and it's done in 33 months as opposed to 48 (4 year).
This picture can probably explain it a bit better. Their proposed cost for the Bachelor's Program is assuming I go to another college for the flight training as well, which tacks on like an extra 50k USD. Whereas I could do an online Bachelor's course in another field from another college probably much cheaper.
ATP Flight is in Las Vegas (my home stateside) and is much cheaper, but I don't think it includes the Bachelor's degree at all, which is, as you said, a requirement for any major airline. The real question is do I pay a lot of money and go back into debt but knock it all out in one big go or do I do the flight training first for a lower initial cost, and then take an online bachelor's course while working as a CFI or something else?
Like I said, it feels like there's no "right" answer so I'm looking for advice from people who have a different perspective and are already experienced in this.