Worsening Pilot Shortage
03-17-2016, 06:24 PM
#495
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Position: ERJ, CA
Posts: 718
Originally Posted by JayBee
there is if you go to college
03-18-2016, 10:30 AM
#497
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Posts: 2,137
Originally Posted by bedrock
Currently, as I understand it, financial aid is only available for the academic portion of flight training, not the flying lessons. The GI bill pays for it all.
03-18-2016, 12:23 PM
#498
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Posts: 718
Originally Posted by FirstClass
Banks aren't stupid, they see the risk in flight training an individual is to great.
Subprime auto loan delinquencies hit six-year high
03-18-2016, 12:40 PM
#499
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Posts: 2,137
Originally Posted by bedrock
That's why the govt. would back the loans. But also, look at the amt. of sub-prime loans given during the housing boom and now in autos. The banks believe they will be bailed out, and since they own the politicians, they will.
Subprime auto loan delinquencies hit six-year high
Subprime auto loan delinquencies hit six-year high
03-18-2016, 01:58 PM
#500
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Joined APC: Mar 2007
Position: Capt
Posts: 3,215
No age limit is a temporary stopgap.
The other big factor is the continually rising cost of flight training, combined with the continually lowering median family income, along with the banks refusal to lend for pilot training costs.
The other big factor is the continually rising cost of flight training, combined with the continually lowering median family income, along with the banks refusal to lend for pilot training costs.
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