The government should not subsidize pilot training just because regionals pay poverty wages. Raise the wages to what doctors (or even nurses) make and then see if you still have a shortage.

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Pay up, learning to fly is a privilege, not a right. You had no problem signing the dotted line and agreeing to it, so fulfill the obligation.

I was only refering to the Government loans expanding into other loans would would more than triple the cost of the program. Since the government doesnt control our private loans would they wouldnt be able to offer other solutions such as a freeze or lowering in interest which would be pretty simple and help all of us pay our loans down.

There are already methods in place to reduce payments, extended repayment plan, forebearance, deferement. I was on those. I paid every extra available dollar I had into paying off the highest interest loans first (usually third party loans).

Go on the extended plan or ask for forebearance until you are on 2nd year pay. Pay more than the minimum payment if/when you are able too.

If you can take a college classes half time, you can also go back into deferment. So enroll in some classes at the local community college in personal finance and get some relief that way.

The rules were there when you signed on the dotted line. I don't see why people feel the rules should change now.

All true but in the end you end up paying a few grand more while the interest keeps adding up. Freezing the interest or lowereing it shouldnt cost the Gov much. Install for a few years then remove it so that guys actually pay it back. You cant even call that a handout...for the most part.

I balk at bailing them out, too.

Absolutely!

Sounds like you are trying to make this is all about you. You may think freezing the interest on YOUR loans wont affect the taxpayer, but what about everybody else? Should we freeze their interest too?

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I was making it about us...you know the guys in this forum. And yes we should the interest should be lowered on EVERYONES student loan.

That's not very fair is it? Why should the taxpayer subsidize the interest rate over the bad decisions that we made? Why should I and everyone here subsidize the interest rate of some students six figure loan because he/she decided to go to ERAU for Aero Science or some private school to learn Art History when, especially these days, you knew that it would not be financially sound.

In the end, you read the loan contract, you knew the interest rate, you knew the payment size, you signed it anyway.

Pay up.