what?!?!
come on!!!! beat him up a little!!! this is america, for cripe's sake!
seriously, i do have a question for all of you CFI's in this thread - i will very soon start my flight training, and this will be right after i graduate from college. i have 6 mos. at least, unless i get them deferred longer, to start paying back my student loans, so yay for that, and as of right now, i'm more than 1/3 done paying off my car loan. now, here's my question: would you, if you were me, take out another loan (if the banks will let me) to cover the cost of flight training (say....$40,000 to cover myself) OR would you try and find a job and use that money to pay for training? pros and cons:
pros to taking out a loan: i definitely have the money, so i won't have my CFI after me with a gun and the money i would make at my job could help to pay back my 3 loans, which i'm sure would be easier than going paycheck to paycheck to pay for my training.
cons for taking out a loan: i am loaned out already. my parents are as well. they think that i will be hard-pressed to find a bank that would allow me to borrow, so that's iffy. also, i wonder what the monthly payment on that would be. my car loan is approx. $240 a month, so that hurts big time. but if i don't take out a loan, would living paycheck to paycheck be enough to cover both training AND my loan costs?
i'm in a bind here. also, do you think $40,000 will cover PPL, instrument, CFI, Multi, and maybe MEI? i'd also like to get my CFI-I, but i figure by that point i will be getting paid as a CFI as well as having another job, so i won't need to depend on my loan to pay for it there. what do you all think? sorry this is so longwinded, and sdflyer, sorry for pirating your thread

. you seemed to have a pretty universal answer.... well, except for mine, of course

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