Paying it all back
Now I don't want to seem negative, but so many of these threads about "where do I find a loan for £45,000" etc, never seem to take into account how on earth they are going to be paid back.
Fine if you are one of the lucky ones that walk straight into the RHS of that shiny jet, but this can only apply to a tiny percentage of newly qualified fATPL holders.
Just how are you going to pay back that loan when you find that the struggle for a job takes 2 years (realism, not negatism) to obtain?
Who is going to support you?
How are you going to afford to even live, let alone eat or go out for a pint or go on holiday?
I will probably be flamed big time for this, but those of you who do seem to consider this route do appear to be the younger of years. I realise that optimism is at its' greatest at this age, but unless you want to be risking ten years of poverty IF you dont find that job almost immediately, (and even then at lowish salaries to consider paying back these MASSIVE amounts and live), are you sure this is the right route to take.
This is why people choose to take the modular route. The ability to come out of training without being what until recently was the value of a house in debt MUST be considered as an extremely viable option. And if you have your own business (and mine bores me to death!) it will at least pay for most of your training AND provide you with an income whilst you are searching for that elusive job.
Sorry if this sounds negative, it's not meant to be, it's meant to be sensible, which is VERY hard to be whilst dreaming of that wonderful opportunity to fly. I KNOW. It is very difficult to be both realistic and positive. The thought of people in debt over their head really is starting to alarm me.
Good luck to all