Originally Posted by
rudestuff
Gotcha. Presumably paid for by someone else? I'm sure those exist but I wouldn't count on it. How many hours do you have? Plan to pay your own way. The good news is there's probably never been a better time to become a pilot. You mentioned 'determined' - that's exactly what you need to be. Your life should revolve around finishing those ATPL exams and making this happen. You mentioned a mortgage - can you sell the house or remortgage it? You can save the money in a couple of years but borrowing is just more convenient as it gets you into the job quicker. It's a limited duration career, which means every year you waste you're losing out on a final years salary. Do you want to miss out on £200k for the sake of a £25k loan?
If your credit rating is any good then you'll have no problem securing funding.
thank you for this message rudestuff. Although a difficult situation to accept, it’s good to consider it from this perspective. I have always ignored the salary at the end of cadet schemes as I just want to get my foot in the door flying for an airline.
I would be taking a a significant pay cut if successful cut on a cadet scheme but this is the career path I wish to take for the rest of my life so I’ve never thought twice about it. Good to see it from this perspective, a 30k loan for a higher starting salary seems sensible.