Originally Posted by SoCal Flyer

I used to post here about a year and a half ago.

Training was put on hold as I had to work on myself. Well, now here I am all better and ready to fly. However, money's a bit tight. I'd only be able to afford two one hour lessons per month. At that rate, I'll never get any ratings.

Anyways, is there anyone here who has knowledge on getting a loan for a rating? Basically, I'm dying to get my PPL. I was talking to a Skywest pilot and he said the best way is to get a loan and do the rating at once.

Anyone got any tips? Much appreciated. Thanks in advance.

Originally Posted by 2StgTurbine

Well than go get a loan and have fun trying to pay it off. You could spend as little as $30,000 to get your ratings if you try hard to cut cost, but most people who are willing to get loans to fly end up going to a major training mill and spend up $90,000. Even if you only spend $30,000 you will work for years making less than $20,000. You need 1500 hours to have a chance at getting a job, and it can take a long time to get form 250 hours to 1500 hours. During that time, you will have loan payments to make while you are instructing making $10,000-$20,000 (if you can get a job). Then, you might get lucky enough to go to a regional and make $15,000-$25,000. You might be able to get your 1500 hours quickly and get to a regional in 2 years, but it will likely take you years longer. It is simple math, and there is no way you can realistically pay off a loan on the pay you will receive.

Everyone has dreams and most never reach them.