Originally Posted by
Cubdriver
I have yet to see any reasonable evidence or quantification showing that gains in seniority surpass losses accrued by accepting the extra $45k in loans needed to obtain it. Not saying it isn't possible... just that no one ever makes a believable case for it. And if you make such a case include the interest (at say 5% apr) for the loan you use in the analysis for a period of say, 5 years.
No one will ever know this, it is relative also, who knows, ask a guy on furlough from an airline and ask him, should have done the ATP class? no way to determine what's right, but the value is to the person making the choice, If he is a Captain when you are going through new hire class somewhere, maybe you can throw around the argument.
If you and I went to a market on the same day at different times and each bought a clay pot or rug, or whatever. You paid $5, I paid $6, we don't know each other and don't know what we each paid, but you feel you received a good deal, and I feel i had a good deal, we both got the rug and are happy about it. It is your value of the object, whether yours falls apart in a month and mine doesn't, who knows at the moment you purchased it.
I still go for getting the training and get a job as soon as possible and endure the pain now and hope for the best.
If you didn't pay the price and get sometime later, then good for you, I will have been there and learned the airline and prepared for the next upgrade.
again good luck!!