Silverknapper
It is precisely because you don’t earn whilst training that this is a cost that I have factored in. If someone is earning £100,000 a year and they take a 12 month unpaid sabbatical from that job in order to do a modular fATPL then yes, surely the fATPL has cost them £100,000 plus the cost of the training and other expenses. It is money that they sacrificed in order to complete the training and they could reasonably argue that for them, given their circumstances the fATPL did cost them £135,000.
I did not suggest that they end up paying any more for the training, just making the observation that people should look further than just adding the headline cost of a PPL, CPL, Multi and IR together.
Reading between the lines I believe you have made an assumption that I jacked in my job in order to complete the training and simply added a years salary to a base cost of somewhere near to £35,000. This is not the case. I have remained in full time employment throughout the entire course and I am still in the same job now. I have taken two periods of unpaid leave, one in the summer of 2003 to do some hour building and the CPL and another in 2004 in order to do the Multi and IR. When all is said and done the “lost income” portion of the spreadsheet whilst not to be sniffed at is not significantly more than the amount of money I have paid out to the CAA in ‘Administrative Fees’ – (my contribution to the subsidised canteen).
The point I was trying to make is that there are a mountain of other incidental costs to consider when calculating the cost of completing this training and that people ignore these at their peril.
Cheers