Fly2Scuba
Well-known member
- Joined
- Sep 8, 2003
- Posts
- 377
I've found most people who attended Embry Riddle to be friendly. Heck, one of the nicest chief pilots at my airline was from there. But then again I've not dealt with anyone that's graduated from there in the last 5 years.
More importantly, even if you had the funds and to change the tone of my post and offer a cautionary, WHY WOULD ANYONE GO THERE???? Prior to 9/11 completely understand. Wages way up, opportunities way up, paying off a 75 grand loan was completely plausible. But post 9/11 and especially the rough current economic situation, anyone going to flight training planning on 100+ or even 50 grand loan, please reconsider. These high priced shortcuts to fly a modern GA airplane at these schools is a poor financial move. First year average regional airline wage is going to net you about $1600 a month with per diem. A 100 grand loan is going to require about $1600 a month to pay off for many, many years. Food, gas, auto, auto insurance, cellphone, rent, utilities, beer, etc. That all cost money also - at least $1600 a month for all those expenses. It will take you at least 3 years at present market conditions in the airline industry to just break even making those loan payments plus the cost of living expenses. And even at the highest level of bankruptcy declaration, school loans can never be forgiven.
More importantly, even if you had the funds and to change the tone of my post and offer a cautionary, WHY WOULD ANYONE GO THERE???? Prior to 9/11 completely understand. Wages way up, opportunities way up, paying off a 75 grand loan was completely plausible. But post 9/11 and especially the rough current economic situation, anyone going to flight training planning on 100+ or even 50 grand loan, please reconsider. These high priced shortcuts to fly a modern GA airplane at these schools is a poor financial move. First year average regional airline wage is going to net you about $1600 a month with per diem. A 100 grand loan is going to require about $1600 a month to pay off for many, many years. Food, gas, auto, auto insurance, cellphone, rent, utilities, beer, etc. That all cost money also - at least $1600 a month for all those expenses. It will take you at least 3 years at present market conditions in the airline industry to just break even making those loan payments plus the cost of living expenses. And even at the highest level of bankruptcy declaration, school loans can never be forgiven.