February 28th, 2006, 18:55
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#22 |
| Big Chief's Woman
Join Date: Feb 2001 Location: Scottsdale, Arizona
Posts: 18,759
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Originally Posted by Flying Ninja Yes, definitely be very careful with financials if you are planning on entering flight training and this career. I recently graduated out of CAPT and I'm about $100K in the hole. I'm at a point where the first year FO pay will not cover my monthly bare minimum expenses with no disposable income. Hence, my flight training has left me at a dead end. I was a career changer, and now I'm going back to what I was doing before so that I can pay off this loan. My certifications all amount to a glorified Private certificate. Imagine that...$100K to exercise your PVT privileges. And to add insult to injury, I won't be flying this year or maybe next year because after training, I'm broke.
If you're going into this field, absolutely do your homework. Ask the questions you know you want to ask but are afraid to. The questions you don't ask could land you in my position...high debt and no flying job. | wait a minute.. so you don't have everything you need to get at least a regional job? cargo? corporate? CFI gig?
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