PPRuNe Forums - View Single Post - What it's like to spend £65,000 and not get a job
Old 4th Nov 2009, 22:22
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PilotPieces
 
Join Date: Oct 2008
Location: Surrey UK/Quebec CA
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Would anyone from CTC like to say how much the full course costs, not just the advertised price?

Speaking to someone that trained there, I understand that this £65000 figure is not entirely true. Whether different batches had different arrangements I don't know but this guy was telling me that he has effectively a £96000 loan + the 1 year worth of deferred charges and then starts paying it back at 7% over 7 years.

I don't mind telling people about my flying debt. £5000, however no interest if I pay the full amount off after 12 months. Ok, so I thats just the PPL, but I don't intend on borrowing anything to fund the rest of the training. Why not just stay in a good job and put the money away?

I might start up a loan scheme for CTC or Oxford etc. Easy money
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