Never mind..

Hey
 

Hey Brian that's mean. Take it back. :)

Are you suggesting that the public good support what essentially is a personal choice and self destructive hobby? Are you saying that teachers and nurses do not provide a commonly accepted benefit to society?

This career is harsh and does not hold much sympathy to the fallen. Better pilots brace themselves for the truth.

Skyhigh

THIS ^^^^^^^ No ******! Well written opinion Brian! It amazes me how so many of us forget this and dont realign the perspective when it comes down to bailout of individuals. The goal posts (for me anyway) were continuously moved back starting with 9/11 and then the financial meltdown of 08. Still blows me away how we as pilots cant see other perspectives. Disagree with me all you want.

I think some of the difference might be that Airlines are for profit corporations, although mass transportation is obviously in the best interest of the nation.

The probable reason most of us don't support an individual bail out are that most of us had higher expectations for our careers when we entered the profession ten+ years ago. We all had the "goal posts" moved and still paid our debts that we signed for. We all made sacrifices in order to fulfill those obligations, and I don't see why other people should get a pass on that.

Also, you assume that we all supported the government bailouts of various industries. Which in my case is incorrect and I would guess the majority of pilots feel the same way.

Wow! I obviously don't reply much on these forums, but this is insane. Why not forgive a pilot's mortgage loans, car loans, credit card debt? Why do student loans fall into some special category? Why force others to pay for your bad decision?
Why not learn from your decision, put your big boy britches on, and honor YOUR debt? In the long run you will be better for it, and hopefully avoid unwise financial decisions in the future.
I agree with the original post, school loans stink. Unfortunately they are so prevalent that many college-bound people don't think about the consequences. It is unlikely, but hopefully we start to move away from this buy now, pay later mindset and get some sense.

All debt sucks, but I feel student loans are a good tool when used responsibly. Unfortunately with the rate that tuition increased in the past 15 years it really has become the only way that many people could attend college. They are far cheaper than credit cards and the interest is tax deductible. They also have very flexible repayment plans when compared to other financing options.

Responsible use would not be going $60k+ in debt for an career field that doesn't support the payments.

I think everyone should be able to have everything they want and that someone else should have to pay for it.

That's what I think.

"I think that if the taxpayers can bail out the banks, insurance companies and car manufactures, the least they can do is [fill in the blank]."<---Get used to it. This expression will be with us for a long, long time.

Just don't pay it. It has worked well for me.

My loans quickly got out of control because I was an idiot at the age of 19 when I signed them. My first year at the regional I owed over $200,000.

It started as a $65,000 loan. While instructing for 3 years I couldn't make any payments so they gave me penalties and my interest rates went way up. By the time I finally got to a regional it was out of control and I would owe more a month than what I was making.

I would of picked a different profession if I knew this one payed so little. My credit suffered for years but it has gotten better. Somehow the loans just disappeared and don't even show up on my credit report anymore. I'm sure the tax payer somehow payed for my training because I never did.