mcjohn said:
O.K. So I'm not financially responsible?
If you put yourself $100,000 in debt for flight training, then no, you are not financially responsible. Ever heard of Dave Ramsey? He'd probably be screaming at you right now.
What makes you think anyone would buy a house SIMPLY TO GET FLIGHT TRAINING? That the dumbest thing I've heard so far today. You make no sense. Think of every reason you've heard throughout your life of why people buy houses.
You
completely missed my point. Where I come from (central KY to central IN) $100,000 will get you a small 1100 sq ft, 3ba/1ba home on a slab with about .15 acres of land. A home is an investment, the biggest capital purchase of most people's lives and really the only good reason (other than student loans) to have any debt. To incur debt to better yourself through job training or education is fine, but you have to look at what that debt will ultimately cost you versus your income potential afterwards. And lets face it, any entry-level job (especially in aviation) doesn't pay especially well.
Why don't you share YOUR ways of the most financially responsible way to get flight training?!
I went to a Big Ten university with an aviation program out of state and all said and done, my education cost me somewhere around $110,000. That includes a Bachelors degree out of state, rent for 3.5 years, books, and all my flight fees. My parents paid for one year, I worked three jobs (including flight instructing & ferrying airplanes starting two weeks after the end of my soph year), the Air Force paid for a bit and I incured about $45K in student loans. The total cost of all my ratings (zero time through CFI-AIM) probably ran $40K, but in the end of school I had FlightSafety training & time in type on a bizjet, a bunch of transport category sim time, 400+ dual given and multiple job offers upon graduation. It worked well for me and I wouldn't trade my experience for anything - but what was best for me is not necessarily best for someone else.
Don't take what I said as an insult - it wasn't meant to be - but as my good friend TonyC says, "the truth only hurts if it should..."