Originally Posted by
ZeroTT
kirby’s request to congress was for student loan support for pilot starts. Doesn’t seem like posturing
Right more assistance in loans will totally fix the shortage. No biggy, just take out $100,000 in federal student loans at a 7-8% interest rate. Then you can go work at a reduced pay rate at one of the regional shops until one day a mainline shop maybe gives you a shot.
But until then, nothing is guaranteed, and enjoy your accrued interest on top of the $100,000 loan, which ends up being a monthly payment around the same rate you pay for rent.
Thankfully I took out private loans (2-3% interest) and was able to get some assistance in scholarships, which allowed me to have my loans paid off just past my first year in the left seat as a regional captain. But for most that’s not the case, and those Federal loans are killer.
Scott’s solution to fix a shortage was to encourage more individuals to take on 6 figure debt. Good luck 👍. And once again, I have seriously question his intelligence.