rev4life03

Thats what I am looking to do! Where are you based?

galaxy flyer

You have a MORTGAGE? Rule One of being a new pilot--you do NOT own anything that won't fit in your car and can't be eaten. That includes being married before being well established.

GF

CareerChangeRN

Thanks for the answer, ORDCRJ. I know you have your own story to tell and others have beaten a different path; the funny thing is I can see both sides of the coin here.

Guys, I am a newcomer to the forum and I am actually at the stage wherein the right help, the right information, the right pointers can be the factor whether I succeed in this field or not. Please, I would greatly appreciate input on my thread here. This is directed to Mr. Burke, Yoda2, JamesNoBrakes, and anyone else who wants to chime in.

Sorry for the hijack ORDCRJ, but thank you for sharing your story.

TonyC

I fail to see how that could be a problem. You signed on the dotted line, you made a promise, you incurred an obligation.

Maybe it was a foolish thing to do, based on economics, but you did it nonetheless.

Keep your word, fulfill your promise, meet your obligation.

Simple.



Then please explain your previous posts:

If you're being a man by paying, why are you rationalizing a scheme to abandon your debt?




How's that plan coming along?

I would suggest that you add "Get a job" to that plan. Any job. It won't be the job of your dreams, put they pay in U.S. dollars, and some include health care benefits.

Oh, and here's a hint for the move back to Mom & Dad's house. Moving boxes can be expensive. Getting boxes from the grocery store or liquor store is getting harder these days, and the boxes don't really travel well, anyway. Instead, look for a moving truck in the area for someone moving in. Greet the new neighbor with a bundt cake and a case of cold beverages and volunteer to help with the heavy items. Volunteer to remove the used moving boxes as they unpack. Get yourself some good packing tape and get to work. Sort your stuff as you pack so that you don't mix things you'll need soon with stuff you can do without for 6 months or more. Label your boxes as you go. Use your digital camera to take lots of pictures.

(Oh, and one more thing. Save the boxes for the next move.)






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ORDCRJ

Tony,

Thank you for your witty response. Im sure I could sit here and reply with comments directed to you and others but it seems like its going nowhere.

While I am flattered that you took the time to cite my past posts I do not feel you worthy of a reply.

I can only hope that you treat your crew (or perhaps by negative post your pilots?) with the same respect and dignity that you showed me.

By the way congrats on over 2000 posts! Thats great!

Red Forman

I love when people come here for advice and get *****y when they don't hear what they were hoping for. Sometimes the truth hurts.

galaxy flyer

ORDCRJ

So, to recap, you come on a pilot forum, whine about the unfairness you perceive, and receive a wholly predictable Bronx cheer and are SURPRISED. Aviation is all about risk awareness, planning and accepting responsibility--you refused each and reaped the whirlwind.

Yes, the Guard is a possibility, but not to pay off debts freely incurred. You could seek aviation jobs, both flying and not. You could leave to pursue other careers, but I don't thnk you will find business in America any more forgiving than aviation. Pilots are only second to doctors in covering for each other. Life outside school or college is tough, not forgiving and relentless.

GF

TonyC

Thank you for not replying.



Thanks, but I can't really take credit for them all. I attended a school where I was promised I'd be able to get 10,000 posts if I immersed myself in debt. They were good to me and boosted my post count quickly past the "New Hire" and "On Reserve" statuses. I was pretty happy when I got to the point where I could make my own title, but then I took a job where I couldn't post much. For almost 5 years, I saw very little post progression, even though I still owed quite a bit to the post school. All I could do was read 'em and weep.

But, I stuck it out, made some adjustments, and now I'm back to posting and paying back my debt. I know there are a few people who might wish that my haitus from posting had continued, but that's life. Perhaps someday I'll reach the magic 2,500 post threshhold where people will take me seriously.




By the way, your fly is open.






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N9373M

paging SkyHigh to the white courtesy phone.

sierrajuliet

I didn't want to chime in here because I do feel bad that you're getting picked on, but I changed my mind...

Almost 10 years ago, my husband and I found ourselves in a similar situation as yours after we both graduated with nearly $100,000 in debt...EACH....from flight school. So I feel your pain. I really do.

Maybe back then we didn't have the option of getting rid of our debt through a lawyer, or maybe it was because we actually felt like the education we got was totally worth it...but we never considered trying to reduce the debt or get rid of it completely.

We had to sit down and take a REALLY hard look at what was important. Egos were checked at the door. I didn't even have a nice suit to wear to a job interview, so I wore my best black slacks and a nice shirt. I started flight instructing and he also had a low-paying job.

We sold both of our fancy new cars and shared one car. We chose not to buy a house and rented a crappy 1-bedroom apartment while we worked through the mess. He ended up entering the military, which, I'll admit, saved us. But he didn't get any fancy sign-on bonuses or debt relief from them, so we WORKED OUR BUTTS OFF. I worked as much as I could, driving an hour to and from work at 4am every day. I flew on weekends and nights. I flew to customers in other areas to make more money. He walked to work, eventually landed upon a decent $3,000 car that he purchased and we no kidding lived on beans and rice. And apples.

We didn't have the option to move in with mom and dad, and I don't know how old you are, but my suggestion is to DO IT if you can. Swallow your pride, sell the house, eat beans and rice and pay as much of the loan payment as possible. Work directly with the loan company to manage the payments. Spend every second of your time looking for a good paying job. With a business degree and flight certificates, you should be able to find something. From what I've witnessed, management experience is a huge benefit, so use that to your advantage. And yes, work two or three jobs until you can afford to live.

Demanding that the loan was unfair and you want the government or lawyers to help get rid of it is not really a good option, if it is one at all. Although go for it- more power to ya if you can get some relief.

My husband and I have paid off $175,000 in debt in 7 years. For 3-4 of those years I was employed making between 20-40K. He was making about the same. For the past 3 years, I've stayed at home now with my kids and instruct on the side, which I can do now because we WORKED OUR BUTTS OFF to pay off OUR DEBT, and while we still have debt, the military takes care of us now. We still rent a house, and we still haven't bought new cars, because, well, we still have debt and it makes no sense to spend $40,000 on a new car when we owe $25,000 to someone else.

I'm sure my story is different from yours, and I probably don't fully understand your pain...but I'll leave you this:

I'm sure my husband was terrified when we first eloped and he took a long hard look at my bills on top of his. He was probably ready to divorce me based on the fact that all of his single friends were driving around mercedes and getting airline jobs and bragging about their european vacations. And he was probably scared ****less to have to come home to me and say "Look, babe, we need to sell our cars and we can't eat out anymore and we REALLY need to watch our spending and by that I mean spend nothing more than absolutely necessary to BREATHE." But it was then that I knew we'd be okay, because he stepped up and was man enough to take care of me and get our lives on track.

The end.