PPRuNe Forums - View Single Post - Hubair Aviation Academy
View Single Post
Old 16th Jul 2007, 09:43
  #13 (permalink)  
Join Date: Mar 2007
Location: Middle of nowhere
Posts: 228
The figures don't add up...not the way I did them anyway

Does anyone know what period the loan that HubAir arrange has to paid back over? I have done a quick calculation, and if the period is about 10 years (standard in the UK for that type of professional development loan) I canít make the finances add up.

On a typical F/O starting salary the loan repayments would take over half of your take-home pay (assuming 10 year repayment period). Using my present (relatively cheap) living costs and factoring in a small car, think you would end up in debt just to pay the debt-if that makes any sense!

I suppose this is true of all integrated courses not just HubAir, so Iíd be interested in haring peopleís thoughts!
bri1980 is offline