FAA looks at revising tougher pilot training
07-27-2014, 03:33 AM
#101
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Originally Posted by 8ballfreight
Disclaimer: I didn't think the apt written was broken. Stupid, but not broken.
Airlines will pay for this anyway but lets say that they do get congress to overturn things, kids still can't get flight loans.
Banks have the money and don't plan on loosening the purse until there is a chance they will see a return on investment. Don't be fooled that anything else, the banking melt down caused this pilot pinch. There are a million and one high school kids ready to flood allatpjackwagonsr'us and the like in a heart beat if only they could get the loans.
Airlines will pay for this anyway but lets say that they do get congress to overturn things, kids still can't get flight loans.
Banks have the money and don't plan on loosening the purse until there is a chance they will see a return on investment. Don't be fooled that anything else, the banking melt down caused this pilot pinch. There are a million and one high school kids ready to flood allatpjackwagonsr'us and the like in a heart beat if only they could get the loans.
07-27-2014, 03:48 AM
#102
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Originally Posted by block30
I keep hearing that you cannot get student loan money for flying anymore. Is this really true or just an urban legend? I have been done with flight training for quite some time though, so I have no idea
07-27-2014, 05:28 AM
#103
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Originally Posted by Packrat
When places like Allegiant have 3 month upgrades, it says a lot about the state of the industry.
07-27-2014, 06:58 AM
#104
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Originally Posted by chrisreedrules
Not an urban legend.
07-27-2014, 07:08 AM
#105
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Originally Posted by block30
This is what I don't understand; I've got a buddy who just graduated with a four year degree in art with 70k in student loans. Who the heck was issuing those loans for a degree in art?!
07-27-2014, 07:26 AM
#106
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Originally Posted by block30
I keep hearing that you cannot get student loan money for flying anymore. Is this really true or just an urban legend? I have been done with flight training for quite some time though, so I have no idea
07-27-2014, 07:30 AM
#107
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Originally Posted by FlyingKat
You can get government backed student loans for around 80K. The old Key and Sallie Mae loans that people used to get for 100-200K have not been available since 2008.
07-27-2014, 07:31 AM
#108
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Originally Posted by FLYZERG
Maybe because Allegiant has gained the reputation they deserve and no one is willing to bet their career or life.
07-27-2014, 07:38 AM
#109
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Originally Posted by CBreezy
I got a sallie Mae loan in 2011. Government backed loans are only available for institutions of higher learning. Flight schools do not qualify.
07-27-2014, 07:41 AM
#110
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Originally Posted by block30
OK, but what about the four year degree aviation programs? UND, Riddle, Purdue, ERAU, WMU, etc.
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