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Old 07-29-2014 | 10:28 AM
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Originally Posted by gloopy
If those numbers are anywhere remotely close to being true, its a very good thing you can't get financing for it.

That said, even if you're playing with daddy's money its a pathetic "investment" to overpay that much for a degree and some ratings. You can get just as good a degree somewhere else and train at FBO's for dramatically less money. Oh but you might not get to solo in an all glass G1000 plane LOL!
Seeing this cost transition even for private pilots. I still do some GA instructing and all my clients are now high net worth individuals that bought a brand new plane outright. When I got my CFI in 1991 all my students were middle class (police officers, school teacher, fireman, chef, a zoo keeper, line worker at Ford). It really is transitioning to the rich.
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Old 07-29-2014 | 10:34 AM
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Originally Posted by Std Deviation

On another note-We push college as a society. In reality a lot of people would be better off in trade school. There's a lot of debt ridden people with a Masters working at Starbucks while their high school classmates make $100K a year as a welder or electrician.
Mike Rowe whole heartedly agrees with your point of view.
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Old 07-29-2014 | 10:36 AM
  #143  
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Originally Posted by Std Deviation
Seeing this cost transition even for private pilots. I still do some GA instructing and all my clients are now high net worth individuals that bought a brand new plane outright. When I got my CFI in 1991 all my students were middle class (police officers, school teacher, fireman, chef, a zoo keeper, line worker at Ford). It really is transitioning to the rich.
Agree. I remember instructing several Ford employees.
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Old 07-29-2014 | 10:52 AM
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Originally Posted by Flightcap
It doesn't have to be that way. I spent around $60-70k for my B.S. Flight Operations, CFII-MEI. Thanks to scholarships, part-time jobs in school, etc., I had $25k in student loans upon graduation. Down to $20k now 15 months after graduation. It's not impossible to get a quality aviation degree for less than $100k.

Yes, I know most of my peers in the IT degrees are debt-free and rocking it right now. But they fly a desk.
Yes but that won't work now to get the restricted ATP. To get that you have to have a four year, Professional Pilot degree in an approved program by the FAA. All of those run upwards of $150K.
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Old 07-29-2014 | 11:58 AM
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Originally Posted by tom11011
Mike Rowe whole heartedly agrees with your point of view.
My youngest brother had 12 yrs of private school (I wasn't that "lucky" and only had the "good sisters" a couple of years). The kid missed one question on the SAT. He's in the 99% percentile. Could have gotten a full ride scholarship.

What's he doing these days? He looks like the third member of ZZ Top and never went to college. Drives an 18 wheeler a couple days a week in Detroit. Probably the only trucker that can discuss ancient philosophy and quantum physics in the same breath but he's happy as a clam. Meanwhile, I'm giving myself ulcers trying to commute to LGA on first year regional pay. But hey, I've got a degree and the student loans to prove it
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Old 07-29-2014 | 02:06 PM
  #146  
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Originally Posted by Flightcap
This ^^^^^^^



I got an A.S. Computer Science and A.A.S. Management for less than $15k at the local community college. Used both degrees to help land part-time jobs to pay the way through flight training. Paid massive dividends.



Same here. I got a BS in Mechanical Engineering from a local state school; and was flight training during summer breaks at a part 61 school and got all of my ratings up to CFI/CFII.
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Old 07-29-2014 | 02:23 PM
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Gloopy, the numbers are true. Embry Riddle is $43,000 per year, plus $25,000, and $35,000 per year for the first 2 years of flight, with $15,000 for the last year. So plan on a minimum of $247,000 to go there. It's usually more. You would have to be completely insane to go there.

BTW, those are this year's fees, they go up every year.

Last edited by Mesabah; 07-29-2014 at 02:39 PM.
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Old 07-29-2014 | 02:31 PM
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Why would anyone pay that much money for a job that pays on avg less then 100k? This career is a joke. Spend your life in some garbage hotel for a subpar wage. Just think, a 1/4 million dollar education gets you a 25k job. Oustside of aviation if you say Embry Riddle they would think you went to a ITT type school.
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Old 07-29-2014 | 04:34 PM
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Originally Posted by stbloc
Why would anyone pay that much money for a job that pays on avg less then 100k? This career is a joke. Spend your life in some garbage hotel for a subpar wage. Just think, a 1/4 million dollar education gets you a 25k job. Oustside of aviation if you say Embry Riddle they would think you went to a ITT type school.
WHAT!!?? You mean it's not the "Harvard" of aviation?
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Old 07-29-2014 | 04:46 PM
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Originally Posted by bedrock
WHAT!!?? You mean it's not the "Harvard" of aviation?
I don't know if that is sarcasm, but I was assume so. If not, I will pray for you.
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