Follow-up on Attractive

Fantastic! $270k on tuition cost is hard to imagine. Good for her!
 
Neat. Wow 270K, was that her college tuition? Ivy league school?
 
Neat. Wow 270K, was that her college tuition? Ivy league school?
Her shirt says Embry Riddle, the Ivy League of aviation colleges.

Edit: LOL Jordan and I wrote the same thing at the same time.
 
Wow. Guessing that is for college and flight training combined?
I assume so. It's sad because a lot of these kids don't realize they don't have to go to expensive aviation schools to get a flying job. I went to a local state school and got my degree in Economics. Tuition was ~$6000 a year and this was only a few years ago.
 
I assume so. It's sad because a lot of these kids don't realize they don't have to go to expensive aviation schools to get a flying job. I went to a local state school and got my degree in Economics. Tuition was ~$6000 a year and this was only a few years ago.
True, but some students just want to go to a certain school.
 
I assume so. It's sad because a lot of these kids don't realize they don't have to go to expensive aviation schools to get a flying job. I went to a local state school and got my degree in Economics. Tuition was ~$6000 a year and this was only a few years ago.
Did you find it difficult to stay on top academically and still do flight training on the side? I assume that's a big reason why a lot choose a college that offers aviation. They can focus on their degree and still earn their ratings together.
 
Did you find it difficult to stay on top academically and still do flight training on the side? I assume that's a big reason why a lot choose a college that offers aviation. They can focus on their degree and still earn their ratings together.
Not really. I graduated with honors. I worked my school schedule so I'd only have classes twice a week. I was in school those two days from like 7-7 though. The rest of the days I'd work and try to fly. Flying involves a lot of multi tasking so I figure it would be good practice:)
 
Not really. I graduated with honors. I worked my school schedule so I'd only have classes twice a week. I was in school those two days from like 7-7 though. The rest of the days I'd work and try to fly. Flying involves a lot of multi tasking so I figure it would be good practice:)
That is certainly true. Sounds like you did it the best way.
 
Yep and that's fine too.

Graduating with a quarter million or worse in student loan debt that's co-signed by the taxpayer when the same degree and ratings could be had for a quarter the price elsewhere is really stretching the boundaries of "fine".
 
Graduating with a quarter million or worse in student loan debt that's co-signed by the taxpayer when the same degree and ratings could be had for a quarter the price elsewhere is really stretching the boundaries of "fine".
Absolutely. It's their choice though. I elected not to go that route but if someone wants to do it that way then that's on them. I always tell people the alternative though and tell them there's other ways of doing it. One of my former student's mom would always thank me for a different perspective. She had no idea her daughter could study something else, fly on the side, and still become a professional pilot. The people that elect to go the ERAU, WMU, etc is just another way to skin the animal.
 
Graduating with a quarter million or worse in student loan debt that's co-signed by the taxpayer when the same degree and ratings could be had for a quarter the price elsewhere is really stretching the boundaries of "fine".
Folks: this is an error. There is a limit to government-guaranteed loans, so it is impossible that that amount is of that kind. Currently for undergraduates, that amount it $57,500.

If she has more than this, it has to be private loans, family loans, etc.

https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized
 
I feel happy for her. As others have said above, there are many ways to do this. I was lucky that I could earn $40 an hour teaching during undergrad, but that's unusual.

It looks like there are these benefits for her:

1) Gain experience
2) Add hours flying for a part 135 while being paid for that. (Not everyone loves to CFI.)
3) Living in a beautiful place.

If she's like I was, I had a very high tolerance for low-income living. Had I been able to do my low-income living in Hawaii, that would've been even nicer!
 
$270K? I'd like to see a breakdown of that as I simply just do not believe it.
For real. You could get a degree from your state school, buy a nice cherokee/172, and straight up pay for your 1500 hours(with training for multi/cfi/ifrin there) with that kind of money.

Or zero to hero school for 35-50k, work as a cfi and put yourself through college making "good" money
 
Nothing you wrote explains it.
Yes it does. Her -costs- may be what she says, but she cannot have guaranteed student loans in that amount.

Now, perhaps she has other unsecured loans, or private or family loans. However, I suspect what she meant was how much her -costs- have been--not her loans.
 
For real. You could get a degree from your state school, buy a nice cherokee/172, and straight up pay for your 1500 hours(with training for multi/cfi/ifrin there) with that kind of money.

Or zero to hero school for 35-50k, work as a cfi and put yourself through college making "good" money
That's absolutely true. It is just that some people like everything to be a "complete package." That plus the name of the institution may be attractive.
 
Those are estimated costs--not loan amounts. See my note, above.

It's not at all unrealistic to think that she put the whole bill or at least the majority of it on some combination of loans.
 
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It's not at all unrealistic to think that she put the whole bill or at least the majority of it on some combination of loans.
From 20 years of dealing with this sort of problem, I'd say that 1) it is highly unlikely that she has that much in secured and unsecured loans, unless she comes from a relatively wealthy family, a member of which was willing to co-sign, and 2) There is NO WAY anywhere near that much is a Federal loan.
 
Yes it does. Her -costs- may be what she says, but she cannot have guaranteed student loans in that amount.

Now, perhaps she has other unsecured loans, or private or family loans. However, I suspect what she meant was how much her -costs- have been--not her loans.
He means a breakdown of where the money has been going. I'd be interested to see such a thing too. $270k for collegiate flight training is hard to fathom. If that's truly the case, I can't see how Embry stays in business.
 
Y'all are forgetting the hookers-n-blow required for ATP training. Without training how will anyone pass the drug test?
 
He means a breakdown of where the money is going. I'd be interested to see such a thing too. $270k for collegiate flight training is hard to fathom. If that's truly the case, I can't see how Embry stays in business.
Look at ZeroPapaGolf's link.

It looks like $48k per year and $40k - $60k for the flight training. That would add up to about $250k.

Bear in mind, Ivy League schools are roughly $60k per year, so you'd end up with equivalent costs.
 
Y'all are forgetting the hookers-n-blow required for ATP training. Without training how will anyone pass the drug test?
I don't think that would interest this young lady.
 
Bear in mind, Ivy League schools are roughly $60k per year, so you'd end up with equivalent costs.
And those students are also going on to make six figures early in their careers, considering that most graduates from Ivy League schools are doctors and lawyers. The costs don't justify.
 
And those students are also going on to make six figures early in their careers, considering that most graduates from Ivy League schools are doctors and lawyers. The costs don't justify.
I think it might be more accurate to say they don't compare.

Some people goto Harvard just to say they went to Harvard.
 
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