Originally Posted by
BobbyLeeSwagger
I think wider access to financing is maybe more effective, but that's my hunch. You don't have any access to federally back loans unless you go through a university (I think). I'm a little out of my depth here, obviously. But my point remains, the pay has been so low at the entry to mid levels for so long- I think we can all agree on that. We've come a long way since pay-for-training, but the indentured servitude is alive and well through the details of signing bonuses (*cough* financially coerced retention programs)..
How bout people get access to fed loans and everyone comes into solid 6 figure salaries no matter where you land. We're getting there, but the implications for the higher tiers means pay has to come up for everyone.
I think we can and should do better for the liabilities and responsibilities we bear. But supply will drive wages, not liability. We have a supply problem- finally.
This is correct. There is no federal financing available for non-collegiate aviation programs. And let me tell you. The private loans are punishing even with a wealthy co-signer. And that was before 2021.