"Can anyone tell me what would cause a person to spend about $75,000 to get a job that pays $24/hour? Unreal."


ME.

I'm looking into Delta Connection Academy

Tuition cost $64,500
buys me 1000 TT
100 ME

I could bum time from friends and even get ME time from one or two of them but I'm not a moocher.

I can't afford to pay them going rates and I doubt the finance company would cut me a check to drop them their costs of equipment and time.

Now one of my Capt buddies has done all this for his son to set him up in their charter business but alas I was born to GM factory workers.

College ? well even partially came from my own pocket for the semester I was able to attend.

I'm 39 as of a few weeks ago.
When I was younger and had the time to "earn" my hours and ratings ( tongue in cheek) I was busy building a business.

I eventually hired a friend of mine from highschool that had been out of a private college around 2 years that had him around 65k in debt.

He was back working a job that he had worked through highschool plus plowing in the winter.

Since he was a normal 4 year BS student with no specialized training meant he didn't have much to go after except those jobs that liked to see sheepskins and paid about 2 more bucks an hour for them.

So here I was a highschool grad that was a "road scholar" paying him and my college grad brother.

I would tease them about spending all that money on college when they hadn't obtained any "skills" to get a good paying job. I'd regularly say, "I'm driving a Porsche and your paying off tuition."

I pretty much had the same logic as the original poster in that scenerio.

I've had career changes since selling my company and have been for awhile uncertain of what to do for the next 20 years or so for more income.

I saw a DCA in a scuba mag while waiting for a hair cut and thought , hrmmm
I've always wanted to fly. When I had the money I didn't have the time and when i had the time I didn't have the money. Not necessarily be a commercial pilot, but well I am looking at a new career and this could be a decent ride for the next 19 years.

So I did some research (some of which lead me here) and currently am waiting to do my Med exam next week.

One of the first things I looked at was the need and the income.

Yeah it's all fine and dandy to say a senior Capt with the majors makes a quarter mill but I'm concerned with what I can make and the limitation of only being able to make it in 19 years.

Sure entry level Tier 1 regional pay bites the big one and add on the repayment of the loan it's even worse than a walmart 40 hour/wk job.

But Walmart ain't flying and I doubt they'll bump me up to about $60 -$75 and hour after 10 - 12 years.

So I find myself @ 39 doing what many people I know did at 18 or so.
Get themselves or even their parents into debt for an education.

Although I sell mine to myself, brother and friend that at least I know the job I'll have after I complete my education and that's flying and not to shabby pay once you get down the line.

So far my research has lead me to keep forward with this process.

If any one out there could show me that I can get to the same point of that career using financed funds and the same time frame I'd be willing to listen.

errr read :P