How much debt....

[BOOZENEWS]

None!!

Yea Baby!! My parents gladly payed for all my flight training, PVT-MEI, at my local FBO!! Oh yea!! 25 yrs old!! Life is good!!!!

 

[stearnst]

Must be nice...

 

[Flysher]

I got a little over 6.8 million in loans with an average APR of around 7% Works out to about 500k a year or $1369 a day in interest. That'll keep you awake at night.

That kind of inheritance @ 23 will make you grow up real quick.

what? man please tell me you are kidding.

 

[Flysher]

Yea Baby!! My parents gladly payed for all my flight training, PVT-MEI, at my local FBO!! Oh yea!! 25 yrs old!! Life is good!!!!

I wish I had parents like that. Mine just cosigned a loan from hell for me then my mother passed away and my dad moved away. Now im stuck with it for 20 years.

 

[FN FAL]

Yea Baby!! My parents gladly payed for all my flight training, PVT-MEI, at my local FBO!! Oh yea!! 25 yrs old!! Life is good!!!!

That's what HE said.

 

[landlover]

That's what HE said.

whats that got to do with the price of beans?

 

[FN FAL]

whats that got to do with the price of beans?

Well, you could look at it two ways.

One: PFT deep sea divers take out loans too.

Two: There are more divers looking for pilots, than pilots looking for divers.

 

[navigator72]

Here's a link to a good way to get yourself out of debt.
http://www.DaveRamsey.com
He is a radio guy that has good ideas about getting out of debt and avoiding the credit lifestyle scam all together.

 

[jtf]

Accelerated flight school burned through about 35K in loans from mid '98 to mid '99. I finnished at age 27 and I'm down to about 15K left to pay still. I don't know how the Comair/ Delta Connection guys could do it. I started there and they promised 35K max with living expenses and after over 10K to get the private and a start on the instrument I woke up and told those liars to F-off. I wish I would have just gone to the FBO I taught at- 172s were $45 an hour in the summer of '99 there. I would have done it all for half as much. I just wanted the "guarenteed interview that hires 98 percent into Comair airlines". I have no problem with the airline, but the school is one of the biggest scams out there.

 

[PacoPollo]

Is that including PFT?