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Old May 11th, 2008, 10:27   #18
meyers9163
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Join Date: Jun 2005
Location: Indiana
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Default Re: Question for Instructors and Students

Quote:
Originally Posted by moose View Post
Ya I don't know what the terms are on the loan but 80k would be right around 900/month. I'm a little concerned that nobody else chimed in to atleast say "ya i'm a little worried about my investment." Makes me believe that not many have thought about the current state of the industry.

I feel for any married guys and gals that have a mortgage to pay on top of this loan. Best of luck to ya.
Yeah.... I dont think some think about the amount of the loan they take out. I had a few students when I told them I only paid 30k for my flight training and 50k for my college and flight together they always give me a weird look. Then I tell them my school loan is only 100 a month but my 30k for flight training runs me about 350 a month. Therefore if you have 3 times the amount and what not that's about 900-1050. They all think I'm joking. Some really do not even notice the amount they take out in terms of repayment though in my experience. Its kind of scary.
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