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Old 08-14-2018, 06:54 PM
  #126  
GoJuice
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Joined APC: Feb 2018
Posts: 78
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Originally Posted by sflpilot View Post
As they should be. When it's all said and done most of these people will have a debt of about $150,000 including interest. I have tried to provide educational info because I realize we have new people that don't fully understand how this industry works. You could go train at Joe's Podunk flying school and walk away with the same certificates for pennies on the dollar of Lift and have offers from almost every regional in existence including Republic. Don't let them trick you with this whole thing about how they will train you to a higher standard, they won't. Every school has the same brand new CFI's on staff. That is an old tired argument that has been used ever since I started flying 18 years ago. They didn't even bother to secure fixed interest rate financing for the applicants. When I read from one of the applicants that it was a variable rate loan I had to read it three more times because I could not believe it. I feel like i'm at the used car lot dealing with this.
I’m sorry, how exactly did you come up with 150,000? The cost of the program is 65,000. Even if interest rates become astronomical it won’t come close to that.
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