How much debt....

[blingair]

For the most part interviews are easy to get and don't cost anything.

 

[Kingair1181]

Navigator72 - I coukldn't agree more -- Dave Ramsey offers some great advice and although a bit radical at times with what he says to do I really feel that more out there need to follow his advice.

 

[SPilot]

If I sell one kidney to cover my $5,000.00 flilght training debt, can I still maintain a First class medical?

 

[NW_Pilot]

Private, Instrument, Commercial, Single & Multi $0 In debt 29 years old as I tell people if you can't afford it! abort it!

OH, T-mobile says I owe them $180 debt for canceling my service after 6 years of never being late on a payment! I never once ever upgraded my phone through them I always paid cash on fleabay and private party sales and never entered in to another contract with them besides my initial 1 year which was full filled nor did I ever switch my plan!

3000 Min $49.99+ $5.99 For Nation Wide Roaming & Long Distance! They wrote me a letter saying they were canceling my roaming feature but will retain the long distance. I wrote them back telling them if they remove the roaming then they are to cancel my service! I Called them to discuss & verbally with them with no resolve and told them to cancel my service I am switching to Cingular!

This one is going to court!! On their dime!

 

[navigator72]

Cingular sucks!

 

[NW_Pilot]

Cingular sucks!

Better than my T-mobile service!

 

[NavajoKing]

I don't know about comair, but i got out of embry riddle in 2002 about 130,000 in the hole, what a rip off. If i can die flat broke i guess I'll have done good.

 

[smellthejeta]

If I sell one kidney to cover my $5,000.00 flilght training debt, can I still maintain a First class medical?

I'm on a first name basis with the Eastern regional flight surgeon in New York (eye thing for me, her background is ophtalmology). Next time I talk to her, I'll slip in the question about selling a kidney...

 

[ackattacker]

College $0 on scholarship
PPL paid for while working
CPL through MEI $16k at local flight school (2000-2001 time frame)

paid off in 3 years of flight instruction/charter/"etc". Mucho Ramen noodles consumed.

 

[TrafficInSight]

40k in loans for the degree, A&P and some outrageously half-priced snap-on tools etc. included in that .

about 5k in balances for flying.

No idea how I'll build multi time since by the time I'm ready for it the Duchess will probably be 300$ an hour... maybe I'll buy a Cri-cri

I had 2 jobs the entire time I was in school. Barely making it has been a way of life for quite some time now .

 

[Emilfly]

Went to delta corruption for pvt thru cfi
total loan 100K
Monthly payment $625 for 18 more years

WOW!!!,I feel for you!!! After my Com. rating I never had to pay any out of my own pocket. After college went to work for small FBO/aircraft dealer, part of my pay was my multi & CFI's. Got my ATP on my first type ride. My humble advice: don't rush into schools/jobs, there are deals out there if you are willing to work and hold up your end of the deal.

 

[Oh-ryan]

I feel for some of you guys... 20-30 years paying off flight school... good grief! Knowing that, I would advise anyone who has limited funds, a college degree and is interested in aviation as a career to do it through the military. In 20 years you will have a pension from Uncle Sam, dirt cheap health bennies and practically zero debt. It could be risky in that you may not finish your career flying or you could end up dead. You can solve the first problem by buying some time at the local FBO before you get out or by only serving the minimum time on active duty (about 7-10 years) and finishing up the rest as a reservist. Can't really solve the second problem.

 

[Murdoughnut]

I feel for some of you guys... 20-30 years paying off flight school... good grief! Knowing that, I would advise anyone who has limited funds, a college degree and is interested in aviation as a career to do it through the military. In 20 years you will have a pension from Uncle Sam, dirt cheap health bennies and practically zero debt. It could be risky in that you may not finish your career flying or you could end up dead. You can solve the first problem by buying some time at the local FBO before you get out or by only serving the minimum time on active duty (about 7-10 years) and finishing up the rest as a reservist. Can't really solve the second problem.

I agree, but I imagine there are a lot of people out there like me who would love to fly for the military but can't because of some medical issue (perhaps something completely arbitrary). My vision is 20/20 with my contacts, but 20/200 without. That (and my bad color vision) knocked me out - although my color vision is perfectly fine for distinguishing aviation colors. I've heard of people being DQ'd for much less. I understand that the military needs to maintain the highest standards, but for a lot of people, dumping money into training is the only way.

My recommendation would be to go to college and grad school first (I did both in 5 years - it can be done if you go summers and work your arse off) - get into a good career and use the money from that to support your flying. Then if flying doesn't work out, you'll have a career to fall back on. Sure, it takes a bit longer, but it gets around the debt issue.

 

[stearnst]

Just wanted to say...Murdo, it just dawned on me where your avatar is from...Pilotwings on the SNES. I killed numerous consecutive days on that game, lol!

 

[Murdoughnut]

Just wanted to say...Murdo, it just dawned on me where your avatar is from...Pilotwings on the SNES. I killed numerous consecutive days on that game, lol!

Haha, as did I!