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-   -   Loan Forgiveness (https://www.airlinepilotforums.com/regional/80220-loan-forgiveness.html)

NovemberBravo 03-05-2014 06:38 AM

The governemnt holds those loans they dont have to charge interest they own them.

rev4life03 03-05-2014 06:42 AM


Originally Posted by NovemberBravo (Post 1595603)
The governemnt holds those loans they dont have to charge interest they own them.

You don't understand how loans work do you? The point of interest is to make money on the money you lend out. Why would a bank lend their money out without making something in return? It makes no sense, the government makes a lot of money on interest, if the borrower isn't going to pay the interest, somebody else will, and it is going to be the taxpayer.

NovemberBravo 03-05-2014 06:44 AM

We arent talking about a bank loans.

rev4life03 03-05-2014 06:47 AM


Originally Posted by NovemberBravo (Post 1595609)
We arent talking about a bank loans.

Doesn't matter, bank or federal, same rules apply.

pete2800 03-05-2014 06:48 AM

I will not support any system that removes personal accountability. Be smarter, and get your crap paid off. I'm 27, a third year regional FO, and I am out of debt. I have a degree from a large aviation-oriented university. Community college transfer credits are awesome.

The problem isn't the loans. There are plenty of ways to get relief if you really need it. The problem is the people racking up debt with no solid plan of repayment.

cubbies4life 03-05-2014 06:49 AM

So you think that pilots offer the same amount to society as teachers and nurses?

Or did you just stupidly get yourself in over your head in student loan debt and want someone else to deal with your problems for you?

c250ft 03-05-2014 07:18 AM

I agree, everyone of us knew exactly what we were getting ourselves into before we got into it. We need to have some accountability and not expect any bit of a free ride. Some of us were smarter spending much less than others going to "top notch" schools getting a "better quality" of training. Of course we're all at the same job, and the amount we owe is a direct result from our earlier decisions. It's our responsibility, not anybody else's.

NovemberBravo 03-05-2014 07:35 AM

You guys are hilarious making assumptions about my life. Saying I'm selfish blah blah blah. I was putting out a possible solution for pilots to improve QOL. I see APC is all about talking tough and sending insults from behind the computer. The comparison to teachers was in regards to pay. If we're talking about loan forgiveness obviously were done taking about making money on the loan so what's the point of bringing it up. Btw my loans are all current so yelling pay up doesn't do anything. And I'm not over 100k in debt guess I was worried about my fellow aviators who are.

NovemberBravo 03-05-2014 07:39 AM


Originally Posted by c250ft (Post 1595642)
I agree, everyone of us knew exactly what we were going getting ourselves into before we got into it. We need to have some accountability and not expect any bit of a free ride. Some of us were smarter spending much less than others going to "top notch" schools getting a "better quality" of training. Of course we're all at the same job, and the amount we owe is a direct result from our earlier decisions. It's our responsibility, not anybody else's.

See guys this is constructive... What the rest of you do drives us apart

CBreezy 03-05-2014 07:44 AM


Originally Posted by cubbies4life (Post 1595615)
So you think that pilots offer the same amount to society as teachers and nurses?

Or did you just stupidly get yourself in over your head in student loan debt and want someone else to deal with your problems for you?

That's an ignorant comment. Just because we don't save lives or teach 180 days (yes, only 180 days) each year, we don't have anything to offer society? Why don't you try and imagine what the world would be like without pilots or aviation. Whether your pessimism realizes it or not, we have an incredibly important role in making this country function and prosper. Comparing teachers, nurses, and pilots is like comparing apples and oranges.


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