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Old 07-17-2018, 10:12 AM
  #21  
Mesabah
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Joined APC: Feb 2007
Posts: 7,339
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Originally Posted by gloopy View Post
I wonder how much this will cost them per pilot?

All this appears to be is panic mode money throwing money at Big Ed x 2.

100-200K for the degree that used to cost under 30K not that long ago, and another 100-150K+ for ratings that not that long ago cost 20-30K. Paid into a third party system that has shown what it does to prices when more money is thrown at it by interests that never look behind the curtain.

Soon it will be way over a quarter million to produce a new hire regional FO, and no one asked how TF we got to that point, when not that long ago we had more than enough GA and training infrastructure to produce the same number of pilots at a small fraction of the cost.

But when you're busy lighting billions on fire looking through a drinking straw at next quarter's results then who cares because as Seinfeld says, "that's tomorrow guy's problem".
I've been sounding the alarm on the University debt scam for years, the GDP hit when the bubble finally bursts will certainly be classified as a depression.
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