Originally Posted by
CBreezy
That isn't typically how loan guarantees work. The government will back loans for all kinds of vocations but not flight training. Heck, even the VA won't adeq pay for flight training outside of a college curriculum. If the government was serious about fixing the problem, they would back vocational loans like student loans, not some BS 7% over 30 years Sallie Mae loan.
By the way, many regionals have started paying for some ratings like CFI and most pay for an ATP saving people thousands. It's not like the companies aren't doing ANYTHING.
They want aspiring pilots to pay out of their pocket, and the taxpayer's pocket, for the problems that their greedy management policies have created. Instead, they should raise the wages or pay for MORE of the training, then they won't have a problem finding qualified employees. They certainly aren't in a bad enough position to be begging the government for bail out money so that they can have an easier time finding employees. That is not the government's problem.
Major airlines are raking in billions of dollars in profits right now. So why should the taxpayer worry about paying money for airline employees to get trained?? I say let supply and demand run its course.