Originally posted by Deputy:
the real clincher is. . .
4. When the flying school shuts up shop you decide to do a Uni course rather than slog it out with other 'casual' pilots for the then substantial sum of $ 15.00AUD per hour of flight time.
That's when you will know. 
I've already done the University course (B.Av) and I already get a casual substantial $15/flying hr! How come I'm not done yet?