Pilot training financing
#11
Line Holder
Joined APC: Aug 2018
Posts: 68
That makes it sound like it is a good thing. My impression is that it is not a good thing. If for any reason you need or decide to leave before the end of the 5 years, you owe them another $20k.
It is only guaranteed if you successfully make it through the program. What happens if you don't make it through? What happens if you loose your first-class medical? Do you even have that yet.
Others have suggested and I agree, get yourself a flexible job to pay for flying lessons. Work yourself through it one rating at a time. One you get your private cert, and have had a serious look at what it will take to get instrument rated, then reevaluate your situation.
#12
Did some more research on Reserves training, which I’m trying to steer clear of. I think that it would be less emotional stress on the relationship if I take on the loan. USAF buddy of mine went over what I would be faced with. He mentioned that I would absolutely be deployed, I would be in the Middle East, I would be in combat zones, and I wouldn’t be able to come home if, say, a child was born.
It’s just too much for me, and I think the emotional stress on my wife-to-be would be at much more of a cost than a financial stress alone.
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On that last point, you have a history of jumping onto a path and not following it through. Seems like you are looking for a magic solution. This is a disaster waiting to happen. New wife, no job, massive debt, whatever you do, please put off having kids until you clean up this mess.
#14
New Hire
Thread Starter
Joined APC: Jul 2017
Posts: 9
Ok. So the solution would definitely be military. Change course for a minute, what does reserve flying entail? I heard today that it is not all the commitment I heard it was before. You have the ability to ask time off for important things. So of course, this is something I’m much more inclined towards, especially after reading these posts.
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#15
Ok. So the solution would definitely be military. Change course for a minute, what does reserve flying entail? I heard today that it is not all the commitment I heard it was before. You have the ability to ask time off for important things. So of course, this is something I’m much more inclined towards, especially after reading these posts.
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GF
#16
Banned
Joined APC: Sep 2018
Posts: 6
Okay, so look, you will need to go to a part 141 school and finance the tuition. Someone has banned my last thread because they don't want anybody on this forum to see that I found a program in Arizona for flight enthusiast who want their commercial with all ratings, but don't want to pay $85,000! Go to African Prince dot com and enroll in a 141 program with $750 down and $193 a month interest free with NO qualifying! You will not find a better program, cost, or terms anywhere in the country! I DO NOT own this organization. I promote them because they are a nonprofit that assist young want to be pilots. Whoever is banning my post do not want all of us that is in your position to see this post because of either competition or something political. I don't care about any of that stuff! I only care about people like us not having to get raked over the coals with outfits like Emery Riddle and the like. If you have $750, and can afford to pay $193 a month, you found a diamond in the rough my friend! Check them out. Honestly, before they tear this post down.
Last edited by UAL T38 Phlyer; 09-20-2018 at 11:50 AM.
#17
New Hire
Thread Starter
Joined APC: Jul 2017
Posts: 9
Lol, sent straight from a member of 4 hours ago to date (and time). Didn’t I read a very similar post on another thread mentioning a different website even?
I may be desperate but not that desperate! Not at all!
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I may be desperate but not that desperate! Not at all!
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#20
Banned
Joined APC: Sep 2018
Posts: 6
Your paying $65k. Why? Go to Chinese Hacker dot com, a nonprofit vetting agency for part 141 only flight schools. You can finish there, and don't keep taking out loans! The Dave Ramsey previous poster is right! Debt will kill relationships and families! $750 down, NO interest and NO qualifying! Ramsey would approve of this type of financing....
Last edited by UAL T38 Phlyer; 09-20-2018 at 11:48 AM. Reason: The Phoenix rises from its ashes....
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