Originally Posted by
iPilot
I will say that even though the 800 hours is a disappointment, I would argue this does not give the pay-to-play schools a free pass. Flight training has gotten incredibly expensive even to get to 250 hours. Has anyone seen what it costs to rent a 172 lately? To have to pay for 800 hours even if it means splitting it with another CFI is craziness. Add that onto the tight credit for student loans and I doubt you'll be able to find too many takers. I think people will just go back to the old way of working for 135 companies or instructing to get the time.
Yeah no kidding. I went out the other day to see how much it would cost me to rent a DA40 and I was blown away by the increase in the hourly rate.
I hope you are right about the prediction but I am skeptical because I have seen so many people with wealthy parents who paid for everything so their kids can go to Embry Riddle, Flight Safety, UND, etc.
I have a feeling in the near future, if it's not already like that, the makeup of US airline pilots will be 20% from prior military and 80% from civilians with wealthy parents. Just like in Europe where it will cost you more than $300/hr to rent a C172.