Fo Sho Average median income at the poverty line is $22K. Truly the American Dream. Happy 4th. The only true freedom is freedom from debt
Wise words.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Fo Sho Average median income at the poverty line is $22K. Truly the American Dream. Happy 4th. The only true freedom is freedom from debt
Just about every regional RJ Capt is in the to 15% of U.S. earners when it comes to income. I sure that overall we are holding our own. If you think $60K-$100K jobs are a dime a dozen then you are a little out of touch with reality. Flame away.
That is closer than most people think here. The actual data (from several online sources) show that if you make $65,000 a year, you earn more than 2/3 of the American population. That includes a lot of college graduates who (aviation or not) often owe over $100k in student loans.
There are also more mainline pilots than regional, and the average pay for those airlines is higher than the regionals. Are you a 3rd year Delta F/O on the Mad Dog? You're probably making about $85,000 a year, which puts you above 80% of the population. A 737 Captain with USAirways? Even with the concessionary contract you're still working under, you're making $110,000 a year, which is above 85% of everyone else around you.
You aren't going to start out at $100k. You aren't going to be a widebody Captain in a couple of years. You are going to have to pay your dues, along with educational expenses, just like the rest of the working people in America. Work hard, and with a little patience and luck (yes, it's needed too), you will be at the top end of the earnings brackets.
As SplitBar said, if you think these $60-100k jobs are all over the place, why don't 80% of the people in America have them?
HAL
But that's my point! It isn't 20% with those jobs, it's closer to 80%. It may not seem like it on these boards, but with a few exceptions, the guys making $100k+ don't browse through message boards like this one.The 20% that have those jobs had good "luck", the rest had bad luck.
Not 100k+ loans. That's a recent phenomenon. And true I have no sympathy for those people who wrote a check and 4 years later were in an RJ with 0 experience. Not good for the industry IMO.
Let's see ... it was 12 yrs ago this month that I was hired at UAL. Let's say that I made an average of $70K/yr during the 4 years that I wasn't on furlough. The math is: $70K x 4 = $280K divided by 12 = $23.3K/yr average salary.