Originally Posted by
sellener
What a great time to be in the market for a loan! I am curious what other folks are doing for student/career loans? I am currently an instrument rated private, looking to complete my commercial and CFI's. Have been attending a part 61 FBO. Need to look for a loan to cover the costs. What exists out there if i wanted to stay with the 61 school if any? As for changing schools and going 141, what intrest rates has anyone run across for 141 schools? Thanks much,
If you can avoid it, don't get loans and go in debt. The flying industry won't support the payments right now. I earned all my flight tickets working blue collar jobs and now I have no debt left over. I did borrow a lot for my college education, but the interest rate was very low and I also got a decent paying job out of the deal.