18 months from now:
"Mum, Dad - I'm very sorry and I know I've spent the £50K getting a licence but I now need another £30K to get a type rating and £7K to get an Multi-crew course thingy"
24 months from now:
"Mum, Dad - err, I'm afraid I didn't get that job either"
36 months from now:
"Mum, Dad - Look, I'll try and pay you back as soon as I can. This guy recons that Picadilly Circus is a better place for trade - can a borrow a few quid more so I can get a prettier lipstick?"
DON'T DO IT. In your name yes, but not your parents.
PM