Factor in the divorce(s), child support for F/A baby mama's, and the average, throw in multiple home moves and the equation evens out.

Expecting to not live on food stamps as a highly trained, skilled, and experienced professional doesn't make millennials entitled, it just means there are other opportunities which pay more, have better benefits, and much better QoL.

Unless you just really, really, really love flying. In which case that's compensation enough, and you'll make it work either way.

I don't think that makes the former entitled and the latter irrational, it's just a recognition that different people value different things, and that divide is especially apparent across generations who have different sets of expectations and experiences.

Someone understands, the very reason this job had such high compensation levels were the high unstated costs. Away from family during holidays and events and kid stuff. Discount these things at ones own peril. I listen to more marriage woes than I care to, usually from young entrants to the biz, add the young married guy tapping one of the f/a cadre into the mix and it's evident that if you are young, single and mobile it's a great job, but if you are married with kids it's and it's an uphill road that gets steeper with time, peaking when your kids go to high school.
Had an AA guy in the actual, ex mil and 10 year Capt. 3 boys all Ivy League, he said for all intents and purposes he was retirement broke.

Alright, I'll use my timing as an example and not considering the cost of licensing since the cost of education is variable. It is possible to get a flight education with less cost than a top ranked engineering college. Assuming $65,000 average pay for engineer

Flight Instruction-
Year 1: $37,000 (-$28,000)

Flight Instruction plus airline training:
Combined: $42,000 (-$51,000)

Year 2: $39,000 (-$77,000)

Year 3( Captain Upgrade): $55,000 ($87,000)

Year 4: $74,000 ($76,000)

Year 5 Projected: $79,000 (-$62,000)

And so on. It will take about 4-5 years to match total career earnings. Of course, a pilot who wastes money at ERAU has a much different story as does an engineer who studies at a state school for pennies.

So, he's complaining because he's paying $60,000 a year for 12-15 years for his kids to go to college? That's not the industry's fault. That sounds like a poor investment unless he makes his kids pay him back.

http://finance.yahoo.com/news/whitne...184238565.html

“[Warren] Buffett once said that the two more important decisions you will ever make are who you marry and what career you pick"

Most of these figures also neglect to account for the eventual stint on furlough for 3-5 years or possibly longer.

Engineers get furloughed too. Low oil and gas prices has hurt many engineers in the industry the last year or so, same in the 80s and I think same in the late 60s early 70s. I have a friend laid off, has took another job for less money after three months (lost all seniority and benefits from his old company, had to start over); another who has been working 20 hours per month and having to pay for insurance for some time now. They go through cycles as well.

Getting back on topic (upcoming pilot shortage?) how's that Jet Blue Ab Initio pilot training thing going? How many kids have signed up?

Will the other majors have to start a similar type program to train up new kids to fly RJ's? Where are they going to find 30,000 new pilots in the next 20 years?

I'll be interested to see how many make it through the program too. I would guess less than 30% of the folks I started ground school with actually finished the program. I went through a community college program.


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