DEBT
07-24-2016 | 05:44 PM
#12
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07-25-2016 | 06:23 PM
#15
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If you have a cheap degree, and do that immediately after college, then yes, no problem. If you have an expensive degree with lots of debt, then that is bad because it limits your options. Getting the licenses you need will be between $50-80k depending on where and how. You don't want to pile that on top of college debt too.
07-25-2016 | 06:34 PM
#16
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From: Volleyball Player
The sooner you get your licenses and ratings the sooner you can start getting paid to fly. Instead of getting 100-250 hrs a year learning you'll suddenly be logging 500-1000 hrs a year. Spend the money to ACCELERATE your career. If you spend $50,000 in one year it might gain you an additional year at the end of your career. That's worth $200,000 to $400,000 as well as more money every year when you're at a major airline since you might be hired several months, or years, sooner.
Sometimes debt makes sense.
Sometimes debt makes sense.
07-25-2016 | 07:19 PM
#17
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All this is why being a pro pilot is mainly for rich kids. The only a way a poor kid can make it is with extreme focus and/or some good luck. You can work your way through the ratings for half the cost of a flight school. That way you can stop and walk away without regret/debt if it doesn't work out.
07-26-2016 | 07:41 AM
#19
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From: A320 CA
All this is why being a pro pilot is mainly for rich kids. The only a way a poor kid can make it is with extreme focus and/or some good luck. You can work your way through the ratings for half the cost of a flight school. That way you can stop and walk away without regret/debt if it doesn't work out.
07-26-2016 | 01:58 PM
#20
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All this is why being a pro pilot is mainly for rich kids. The only a way a poor kid can make it is with extreme focus and/or some good luck. You can work your way through the ratings for half the cost of a flight school. That way you can stop and walk away without regret/debt if it doesn't work out.
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