Pick something other than aviation as your degree. Find something that you like doing and get a degree in that. Chances are that you will need it to keep your family going somewhere down the road.
I am a second generation airline pilot, between me and my Father we have seen close to 55 years of professional flying, and NEVER have we seen it this bad. Not only are there very few jobs out there, most of the ones that are out there do not pay enough to warrent the time and effort required to become a pilot. If I were doing it again, I have my doubts if I would choose aviation as a career. I love to fly, and always have. But right now I am Captain on a Corp jet and every month it is a struggle to pay the bills. And we are not taling about a big house and fancy cars. A decent house with two aging vehicles in the yard. Back in the good times when I was with a major, I had a play toy or two, but they have mostly been sold over the last three years. With the remaining one (a dirt bike) probably going on the block before long. And that will be to ensure that my kid can continue to go to preschool.
Of the 40 or so guys that I came through the ranks with at freight companies, regionals and the majors that I keep in touch with, maybe 5 have what could be considered a good career in aviation. For the most part they are all in the same position as me, Mortgage and families, working their full time jobs and picking up contract stuff wherever they can.
If you look at the numbers, most city bus drivers and subway operators make more money that 80% or so of the professional pilots out there now when you compare years of service and what it took to get there. Of my neighbors in my middle class neighborhood, they all think I make a fortune, when the truth is most of them make equal or more than i do with half the requirements. As a matter of fact, 3 of my close buds from high school, none of which ever attended college, ALL make better W-2's than I do after 12 years as a pro pilot. Their professions? Welder, Window and door installer, and a drink truck driver.
Sorry about the rant, just got done trying to cover the bills for the month and a little on edge right now. Bottom line, expect to have an unstable aviation career with several furloughs when you are picking your major. If you get lucky and find the rare good career aviation job....then your major can be something that you can say you did, If you have the normal aviation career, then your major outside of aviation will be the best thing you ever did.
One other thing to think about, we had 10 guys in our crashpad while at the majors. All were furloughed, and of the 10, four have left aviation all together for a much better paying career in their field that they majored in. All four had at least 10 years as a pro pilot and 5000 hours TT with a couple thousand turbine PIC time, with 121 PIC experience. None had ever been employed doing what they majored in, yet they all make at least a third again what they could in aviation even with their experience.
I am seriously considering leaving for a higher paying job outside of aviation. I do not want to, but I have my family to think about. As it stands right now, the only way my 4 year old will ever see college is if he gets a full ride for grades or athletic ability. Considering that I manage and fly a 6 million doller jet, that is not saying much about the profession right now!!
End of rant!!! Whew, I feel better
