Quote:
Originally Posted by atpcliff
there's a HUGE shortage of high-end assembly line and blue collar tech workers right now...because of the baby boomer retirements. Also a shortage of renewable energy workers. All the above need a decent amount of tech training, and they can't find anyone right now...
Banks will NOT lend money for flight training. And, many flight schools have no open student pilot slots, because they are all being filled by non-American/non-green card holders.
Hmm, removeb4flight and your comments seem to run contrary to the $35,000 loan I received for all my flight training. (yes, SPECIFICALLY for flight training) Underwriters will underwrite a loan if they think you have the ability to pay it back. That is their job. If they know you will make $hit wages for a decade, yes, no loan.
If you are to make a livable age, whether you're an engineer, diesel mechanic, nurse, whatever, you CAN secure a loan for just about anything. Perfect terms? Probably not, it's not a secured loan. But if your industry doesn't pay garbage, the loan is at least somewhat secure in and of your career ambitions. Otherwise NOBODY would get loans for ANYTHING. There are tons of CFI's, 135 guys, pt91 guys etc that would LOVE to go to even a regional, but will not/can not handle making garbage wages, they have mouths to feed. If the wage was right, starting, 75-95K+, OVERNIGHT you would see an absolute GLUT of pilots willing to go to their first 121 gig. Get real.