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Old 16th Feb 2009, 01:43
  #463 (permalink)  
jcrews
 
Join Date: May 2008
Location: usa
Age: 41
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Pay as you go

I've always wanted to be a pilot, like most people who decide to spend the absurd amount of money on training in the first place. If I might make a suggestion: pay for the flight training as you go instead of getting a loan at 10 or 12 or 14% (what they offered me). I have been flying for about 18 months and have obtained a PPL and IR without taking on any debt.
It's an option is all I'm saying. I was working job making alright money before I took an administrative position at a flight school along with a pay cut. But, it has enabled me to work toward my goal. And all of the free ground instruction does not hurt.
If you can stick it out for a couple of years without a loan, go for it. Flight instructing won't be as brutal if you don't have to fork over every paycheck to some greedy lender.
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