[QUOTE=wiz5422;2316842]It isn't about providing loans for student pilots. Medical students don't have any trouble getting loans because they know they Will get a great paying job right out of training....while most student pilots know they have to wait years for that great paying job. So anyone smart now a days know it isn't beneficial to get swapped in loans they know they can't pay back because of the lack of great paying jobs out of the gate.


I tried pulling loans. 80k a year. still said "I need more collateral than what I make now" I rent. dad cosigning wouldn't work. grandparents too. No there are not a lot of people who can GET the loans. There are a hell of a lot of them who can apply, Pilotfinance etc..... They want an ivy league or higher university student whose daddy is an attorney n mommy runs a Costco to sign their house as collateral and pay 86K just to get a CMEI. that was 2 years ago. God only knows how bad it is now. They want your first 4 born to even think of getting a loan. The issue is its hard for students like myself who want to train but cant do the atp route. They need to make the training available.