Clyde said:
Dude, we agree!! Either I'm shifting slightly left of course, or you are shifiting slightly right.
We must be using Omega!
But still, imagine dishing out $80,000! Or taking a 10 year loan for it, payments would be about $1,000 a month, so that job would actually cost you around $120,000 for 10 years.
Let's say you make (if the start-up is a success):
1st year (FF) - $30,000 ($18,000 after loan)
2nd year (FE) - $40,000 ($28,000 after loan)
3rd year (FO) - $45,000 ($33,000 after loan)
4th year (FO) - $48,000 ($36,000 after loan)
5th year (FO) - $50,000 ($38,000 after loan)
6th year (FO) - $55,000 ($43,000 after loan)
7th year (CA) - $80,000 ($68,000 after loan)
8th year (CA) - $85,000 ($73,000 after loan)
9th year (CA) - $90,000 ($78,000 after loan)
10th year (CA) - $95,000 ($83,000 after loan)
Let's say you make (if the start-up is NOT a success):
1st year (FF) - $30,000 ($18,000 after loan)
2nd year (FE) - $40,000 ($28,000 after loan)
3rd year (Terminated) - $0 (-$12,000 after loan)
4th year (CRJ FO) - $18,000 ($6,000 after loan)
5th year (CRJ FO) - $20,000 ($8,000 after loan)
6th year (CRJ FO) - $22,000 ($10,000 after loan)
7th year (CRJ FO) - $24,000 ($12,000 after loan)
8th year (CRJ CA) - $45,000 ($33,000 after loan)
9th year (CRJ CA) - $48,000 ($36,000 after loan)
10th year (CRJ CA) - $50,000 ($38,000 after loan)
NOTES:
- Both of these scenarios are "BEST CASE."
- 2nd set more likely.
- $80,000 is a lot of money to become a regional captain and live on PBJ's.
- ERAU CAPT graduate will probably shoot themselves after year 5.
- Focus is going to be flying when?