Originally Posted by
FLGOFF
But as a cadet, you will have to deduct $15k+ per year paying off the training costs. And you will be on the junior first officer salary for 2 years too (assuming the previous comments are true).
In the ab-initio program, Jetstar doesn't fund that much, most of it would be put on fee-help. Assuming you earn 70k+ you could pay that back in a few years easily.
Incorrect.
Once a cadet completes the an-initio course thus expending their entire FEEHELP they must do the Advanced element also which costs another $85k. Jet star finance this over six years but it is written in the bond agreement that Jetstar can increase this amount in its sole discretion.
So.....on a flexiline wage of approx $56k per annum you not only have to pay your 110k VETFEE debt off but you also have to pay $14k back to Jetstar each year.
$56k minus VETFEE repayments minus Jetstar repayments equals NOT MUCH LEFT!!!
More to Follow
The Kelpie