There's a simple way to eliminate those $ 150K flight training debts.

Stop the "I must have what I want Now, syndrome."

Finish high school, get a part-time job, go to an affordable college, keep the part-time job during school.

Graduate, get a full time desk job. Keep expenses low, pay off student loans.

Network, find a new friend that wants to fly for a living too.

Then, while banking $5k, grab every possible Gleim book/cd and study for your written tests. Take the FOI, basic, advanced and instrument ground instructor tests, pass, go to your nearest FSDO, voila - you have your first FAA certificates.

Keep the full time desk job (you may have moved up the ranks and while keeping your expenses low, you may be banking much more than $5K), go to the nearest FBO that needs instructional help.

Offer your help to run ground school classes, do office work and wash airplanes during nights and weekends in exchange for $ towards flying.

Start your PVT training and complete it in the minimum time, use your $ when/where necessary.

When your friend completes their ticket, share expenses and safety pilot for oneanother. Perfectly legal for you to log the total flight time. Remember to take the written tests prior to starting instruments and commercial training.

Keep the full-time desk job, keep on banking the $.

Build your hours up towards commercial mins. When you get within about 50 hours, you both hire an instrument instructor. Each of you share the preflight ground prep instruction and sit in the backseat with headset/intercomm on while the other receives inflight instruction.

This helps your learning process, and you are another set of eyes for watching traffic.

Complete your instrument rating and continue to save $ for the commercial training. Those written tests should be done and you should take the CFI-Airplane and Instrument Airplane written tests. Network.

Save-up, train and take your commercial, flight instructor and instrument flight instructor practical tests.

Keep the desk job. Find a job flight instructing. Save about $ 1,700. Take a 3 day multi-engine rating. After your friend completes their multi ticket, you can rent and share the expenses while each of you log your multi-engine pilot flying and multi-engine safety pilot time. Network.

Keep the desk job, keep instructing single and multi and examine the entry level airline pilot pay structures and upgrades. Network.

Save up $, plan on being a First Officer for twice the advertised amount of time and keep your expenses down so that upgrade pay can go into the bank.

Build your PIC turbine, save $8k, grab a type rating and work for WN.

It's not that easy, but if you are patient, you don't have to carry all that debt around....