21st Jul 2001, 21:09
Most graduates after leaving university have debts around £10000.
My question is how much debt are professional pilots in after finishing their flight training?
Further, how much debt are you still in after 5 years after finishing your training!
22nd Jul 2001, 02:56
Well its been 4 and a half years since I started flying training, I am now in the RHS of a lovely jet and getting a decent salary for all my hard work.
I still owe the bank £40k for my flying loan, despite two years of paying it back at over £700 a month. And I've bought a house as well, so its a huge amount of dosh, but I guess you're only interested in the flying loan. So 3 and a half years from finishing flying training and its £40K.
22nd Jul 2001, 11:02
5 years since I finished training, and still in the red by about £40,000 squid of aviation related debt (plus another 10 grand I racked up at university before I started).
DeeTee old chum, long time no post! Dave and I were wondering how you were just the other day ... sounds like it all worked out for you in the end then ... well done that man!