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Old 04-22-2013 | 12:48 PM
  #21  
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Originally Posted by Red Forman
A lot of hard work and having a job since I was 13.
Yeah B.S. He called mom and dad.
Old 04-22-2013 | 12:50 PM
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Originally Posted by ArcherDvr
Congrats on making all the right decisions. But I'm not moving back in with my parents for 25 years, nor am I going to live on a diet of rice and beans or Ramen noodles for 25 years. Sure I'll get rid of netflix, there's 9.99 a month. Cellphone, need it for work. Cable? don't have it. Internet? I kind of need that.
You don't have to live with parents and live on a rice and beans diet for 25 years unless you think your income will never increase over that 25 year period. It's a temporary thing to get your financial house in order and to get back on your feet. But I guess being responsible and making hard decisions is just asking too much. Way to be a man and resorting to name calling just because I said something you didn't want to hear. Welcome to the real word where the truth can suck and you can get your feelings hurt.
Old 04-22-2013 | 12:51 PM
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Originally Posted by ArcherDvr
Yeah B.S. He called mom and dad.
Internet tough guy that thinks he knows everything about me.
Old 04-22-2013 | 12:53 PM
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For those who are so judgemental and smug (aka "tool"), remember that karma is indeed a *****. Life has a funny way of leveling the playing field and when you least expect it a big 'ol 2x4 will smack you in the back of the head.

I love how some think they have it all figured out----when in reality they were born with a silver spoon in their mouth or married someone who makes more money than they do and they live off of that.
Old 04-22-2013 | 12:55 PM
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Originally Posted by LNL76
For those who are so judgemental and smug (aka "tool"), remember that karma is indeed a *****. Life has a funny way of leveling the playing field and when you least expect it a big 'ol 2x4 will smack you in the back of the head.

I love how some think they have it all figured out----when in reality they were born with a silver spoon in their mouth or married someone who makes more money than they do and they live off of that.
Last I checked my wife's paycheck was smaller than mine, and she will be quitting when we have another child to stay home with the kids. There goes that idea.
Old 04-22-2013 | 12:57 PM
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Originally Posted by LNL76
For those who are so judgemental and smug (aka "tool"), remember that karma is indeed a *****. Life has a funny way of leveling the playing field and when you least expect it a big 'ol 2x4 will smack you in the back of the head.

I love how some think they have it all figured out----when in reality they were born with a silver spoon in their mouth or married someone who makes more money than they do and they live off of that.
Well said!
Old 04-22-2013 | 12:58 PM
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Originally Posted by Karma
Well said!
Why thank you, sir!

BTW I LOVE your user name.....why didn't I think of it??!!
Old 04-22-2013 | 12:59 PM
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Originally Posted by Red Forman
Last I checked my wife's paycheck was smaller than mine, and she will be quitting when we have another child to stay home with the kids. There goes that idea.
Give it up man. Judging others on your high-horse doesn't earn you respect.
Old 04-22-2013 | 01:00 PM
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I saved money and paid for my PPL in cash. I used a student loan to pay for the rest of my ratings in 2010, which came to about 42k. My payment is $372 per month. I'm doing better now, but even when I was making 25k a year as a line guy/cfi I had my own apartment and I could still make my payments on time. It would not be worth it if I was going to make 25k a year for the rest of my life, but pinching pennies for a year or two isn't so bad.
Old 04-22-2013 | 01:05 PM
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Originally Posted by MoarAlpha
There is no way being an airline pilot would count as a public service.

The income based repaymwnt is fine, but if you know anythig at all about interest rates or compounding interest they are going to get their money wvwntually. Don't come *****ing when you have very high payments near the end of your payment cycles to make up for the lower payment initally.

Just pay off your damn loans like a responsible individual. Don't go saying you cant afford it because all the regionals pay about the same and you knew you would have to go that for some time.
You are correct, it doesn't apply to private service, only public (firefighter).

But 99% of the pilots out there did NOT know or think they'd be flying for regionals for 10 years and I'd be the majority of them had no idea they'd be earning 20K/yr when they started. You say "do your research", but it's only relatively recently that we've had internet and the ability to look some of these things up, and even then it's not really the "experience" that leads us to question the decision, especially when everyone else around us is telling it's "cyclical" and "you're getting on at a great time, when it's about to turn around!". I've seen plenty of people on this site ripping apart some columnist that has published an article saying that airline pilots make an average of $120,000/yr, but that article is read by young impressionable minds that see=$$$. How does such a person know to separate the truth from the lies? Which ones are just small lies? Which ones are bending the truth? Which ones are blatantly not true? Most of us have experience to look back on to know this. Most people starting out do not.

I think there's some general lack of understanding of human nature and the reality of educational loans. On the one hand, you're saying that people should be fundamentally "good" and pay back their loans, but on the other hand we have the evidence that they are not and are not to some extent. So which is it? If we just yell louder to "pay back your loans" that's going to magically generate the revenue? How is that going to stop it from happening again?

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