PPRuNe Forums - View Single Post - Loans for funding flying training.
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Old 5th Jun 2006, 13:12
  #140 (permalink)  
GusHoneybun
 
Join Date: Nov 2003
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you may not like (as most people do not either) what A320whatever is saying, but he has a very valid point. chances are you will not get a job in a nice shiny jet with 200 hours as it is the exception rather than the norm. I didn't and I don't know anybody who has. speaking from experience of myself and peers, we have worked our way up from 200 hours via instructing to get our first sniff on the turbo props.
and yet, with all this in mind, you still feel that you can justify getting loaned up to the hilt, and have repayments of £5,6,700 a month. how on earth do you expect to pay them off? you won't as an instructor and you won't as a TP FO. if you basis of your whole plan is to pay your debt's by getting a jet job, then you are in for a very big suprise once the ink dries on your shiny new blue book.

you are going to be a pilot and a pilot need to make sound decisions. getting yourself into that much debt without any idea how to pay it off does not sound like a very good decision.
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