Who said you have to go to OAA, FTE & CTC, or any other school that requires complete payment in advance? Most of the old hands on this website have been singing the 'Don't pay upfront' mantra for many, many years. We've seen lots of schools go tits up, leaving students out of pocket. Not the first time and certainly not the last.
If you feel so strongly that going to a school that requires payment upfront is good way to leapfrog your career, then don't blame anyone else if your money disappears. To address your comment: It's precisely because you *don't* know what's happening with the book keeping in *any* business that you don't pay upfront any more than you're prepared to lose. Or you wear the cost of someone taking that risk on your behalf by arranging insurance. You don't have a contractor build a house for you & pay the whole sum ahead of time so why would you think that's a normal way (or even a reasonable way) to conduct the business of your flying training?
Last edited by Tinstaafl; 23rd Jul 2012 at 05:18.