Originally Posted by
Climb150
The ultimate losers will the people who dropped 130k to find out that cadet placement at Qantas companies will be more like 20% and not whatever number marketing came up with.
Yep.
Make that $175,000 able to be borrowed on a HELP loan for 2024. Not including the 20% "admin" fees, which takes it to over $210,000, indexation this year will be around 4.5% ..so let's make that $220,000 after the first indexation on the full amount. You'd need a starter salary of $118,000 just to pay the first year's indexation deduction from your pay without making a dent on the loan.
Luckily not all flying schools and not all students want to be part of the airlines.