"I will be better off" excuse to justify walking over other people to get their jet job. Saying "I will be $500,000 to $750,000 better off by paying" is crap. If everyone didn't pay, and the airlines were forced to pay for the training, then you would have been $530,000 to $780,000 better off.
Yeah.
I didn't understand that post either. How is a professional better off by paying for his training?
I didn't pay for airline my training. Bought an inner city terrace instead. On that one deal only, I am six figures better off compounded a decade later.
The pilot who pays for his training, has utilised approximately an entire year of savings which could have been invested or enjoyed. With a view to the very poor First officer salaries you get in an LCC.
Now consider it over a career. How many more times will this pilot pay for his training or buy a job through an endorsement? You would be destitute at worst and far from financially independant at best; and as a consequence vulnerable to accepting whatever is presented by employers during negotiations.
Rich pilots. Poor pilots.