Originally Posted by
UnlimitedAkro
its because the people at ERAU think they are going to make a ton of money and they arent smart enough to realize they will have thousands in student loans and tiny paychecks. Im a 3rd year airline pilot that is pretty much on welfare who graduated from ERAU. Not worth 100,000 in student loans at all (and I have over 100,000 in grants and scholarships that paid for nearly half).
It wont be long until the students get smart enough to realize they wont make any money for 5 years. And with airlines cutting pay in these times, they might not make any money for 10 years by the time they graduate. Airlines cut pay after Sept 11th, but it never went back up. Now they are cutting pay for fuel. It wont go back up. This industry is going down the crapper and if you think you should pay a ton of money to go to riddle or UND or some school to put you ahead of the game, you are nuts.
Become a doctor and buy your own airplane.
Amen to that! They will only charge what people will pay. And they know you won't pay a lot unless they tell you that you will be paid "very well" when you graduate. They never tell you about all the sacrifices you have to make in order to get to the well paying flying job. I wish I could go back in time and kick my self in the arse to knock some sense into the decisions I made.