Originally Posted by
alexeyAP
I think I would struggle to borrow 25k without collateral and would probably struggle even more to pay it off in the event that I cannot secure a job after training. Working in flight ops is definitely a shout though, I'll look into that.
At this point, going to uni, getting a 'real' job, saving, and training, I'll probably find myself in the right-hand seat of an airliner no sooner than 30 so 2 years is no biggie especially if that means having 0 debt at the end of it.
Thanks for the advice.
I'm struggling to understand your motivation to be honest. You say you're a year or two away from finishing secondary school, which would make you 16. You say you want to be a pilot but for some strange reason not until after you're 30. Even starting until 18 you could be applying for airline jobs aged 21 if you do thingsin the right order. If Pilot is actually your stated career goal, then every other job only exists to support that goal. Every year you delay will cost you £250,000 at a minimum (based on your end of career salary)
£25,000 is nothing in comparison. You're clearly not understanding my suggestion, so I'll try to elaborate: The most important attribute a pilot can have is perseverance. If you don't have a long term plan and stick to it you will fail. It's no different in principle from becoming a body builder or a marathon runner. My advice to my younger self is this: Get a Mon-Fri job, the higher paying the better, but not one that needs excessive training or qualifications. If it's in an airline or on an airfield so much the better. Then get a weekend job and/or deliver pizza in the evenings. Live with your parents and save 90% of what you make. Get a mobile contact and a few credit cards. Spend and pay them back in full. Take out a loan for £500 and pay it back over 6 months. Then get another loan for £1000 and do the same. One you've got £10,000 you can go somewhere sunny for a 4 week PPL (or 2 blocks of 2 weeks) After 2 years you'll have a PPL, £15,000 and a great credit record. And trust me, when it comes to borrowing money, you will have no problems once you understand what a 'credit search window' is! As for paying it off - that's no different from saving up. Plus you'll have 2 jobs and no rent. You have to want it.
If you eat, sleep and breathe in order to facilitate becoming a pilot then you'll be in the RHS in 3 years. Or you can just dream.