PPRuNe Forums - View Single Post - Hubair Aviation Academy
View Single Post
Old 16th July 2007 | 21:26
  #15 (permalink)  
bri1980
 
Joined: Mar 2007
Posts: 228
Likes: 0
From: Middle of nowhere
Figures

Ok, so you take out the loan for the course. Thats 85000Euros near as dam it.

Thats £58k more or less. You will need a few thousand for living expenses, flights to and from France/Belgium etc. Call it £60k conservatively.

Lets say that is repaid over 10 years (typical for professional studies loans). The you can bank on paying £600 a month close enough after qualifying.

Typical F/O starting salary-call it £25k. That is £1561 per month (after UK tax). My monthly ougoings-rent/council tax/utilities etc is £600 per month.

That leaves £361 per month for food, a car, new shoes etc.

It only just works. If you have to pay for the TR as well, it doesn't add up to me!

Am I missing something?

Bri

Last edited by bri1980; 16th July 2007 at 21:39.
bri1980 is offline