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 can’t 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 I’d be interested in haring people’s thoughts!