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How much are your student loan payments?

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Old 09-07-2006 | 09:14 AM
  #1  
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From: rj 700/900
Default How much are your student loan payments?

Just out of curiosity, how much have you spent on flight training, and what is your min payment and interest rate?

University 4 year degree. 60k debt. Got lucky when I consolidated, rates were at record lows. 1.5% interest. Payments are about 200$ a month on a graduated plan, and will max out at about 300$
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Old 09-07-2006 | 09:59 AM
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Right now my statement says a little over $100K at 8.5% variable rate and my monthly is about $970 per month. That's just from CAPT.

I've spent about $3K while at CAPT flying outside of the program to build time.

I spent about $12K for my private pilot and time building flying after private.

So bottom line, I spent a lot of money and go nowhere for a flying job. But the flying sure was fun!
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Old 09-09-2006 | 10:57 PM
  #3  
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Originally Posted by Flying Ninja
Right now my statement says a little over $100K at 8.5% variable rate and my monthly is about $970 per month. That's just from CAPT.

I've spent about $3K while at CAPT flying outside of the program to build time.

I spent about $12K for my private pilot and time building flying after private.

So bottom line, I spent a lot of money and go nowhere for a flying job. But the flying sure was fun!
that sucks
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