How much did you spend on flight school?
05-23-2007 | 05:29 PM
#6
Banned
Joined: Jan 2007
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I believe it was about 32k, 0 hrs through CFI, at a Div. 1 school in the Midwest/Great Lakes region... (I think you've got about a 50/50 shot at guessing correct)
I can't remember a breakdown per rating off the top of my head, but I do remember 186TT for CMEL, and ~230TT for CFI. So about $140 /hr average (for a/c and instructor), doesn't seem too bad compared to a lot of places, including the school I instructed at.
I can't remember a breakdown per rating off the top of my head, but I do remember 186TT for CMEL, and ~230TT for CFI. So about $140 /hr average (for a/c and instructor), doesn't seem too bad compared to a lot of places, including the school I instructed at.
05-23-2007 | 06:06 PM
#8
Gets Weekends Off
Joined: Mar 2006
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From: rj 700/900
Not including broken bones that I used student loans for, I think I was about 40-45k. But when I consolidated I got a nice 4% interest rate, and a 1.5% reduction for direct withdrawal, I get/got? another 1% reduction with my first 40 or so payments on time. So all said and done I will have a 1.5 % interest rate. I was lucky it was just a good time with interest rates to consolidate.
05-23-2007 | 06:16 PM
#9
11 soon to be 10 days off
Joined: Mar 2007
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From: Left seat, wait right seat, no no left seat, nope right seat! Ummmm, I guess I am confused
I went all part 61 (except for my private multi at ATP) and probably spent around 15-20k. About 5k on private, another 5 on instrument/comm single, another 8 on multi and the rest just flying around for fun. I joined a club right after getting my private which saved me about 4-5k and got free multi time by ferrying aircraft occasionally after I was hired as a CFII at the school I trained at. I paid as I went and never kept count of how much the bills were so the numbers may be off a little.
After two years of instructing I am ahead on the spend/earn curve!
After two years of instructing I am ahead on the spend/earn curve!
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