Originally Posted by
sflpilot
I was surprised when they claimed they would co-sign. Financing for flight training has gotten pretty strict over the years. It used to be easier years ago, but as training got more and more expensive the pilot wages were still very low. So the rate of repayment was not good. Realistically if you want to become a pilot you need to either have the money or a good enough income to pay as you go. If they are expecting payments as a CFI that is a recipe for disaster. Anyone know what the interest rates for this deal are?
I wonder what their plan is to fill this school, if their is no help on financing? I cant imagine there are that many people with 65k cash laying around.