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Old 26th April 2007 | 17:55
  #26 (permalink)  
v6g
 
Joined: Nov 2003
Posts: 252
Likes: 0
From: Canada
Even with a good salary, that training debt is one hell of a mountain of cash that has to be paid back.Take my word for it!!!
But that’s what this is all about – risk management!

Us new pilots know how to calculate landing distance given wind, density altitude & weight etc but many don’t seem to be able to calculate their loan repayments & amortization schedule given a principal amount & interest rate and subsequently how they’re going to feed themselves.
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