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Old 05-08-2006, 07:52 AM
  #11  
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^ They also had to walk to school bare-foot in the snow; up hill - both ways.
 
Old 05-08-2006, 08:06 AM
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Yeah, deferred pymt (forbearance) can catch up to you. I ought know.

However, I did hear of a rumor, and it just may be that...a rumor, that the Feds may forgive some of the interest that has accrued on some accounts. Some of the interest that has accumulated over the years account for 80-90% of principal on any given loan.

ps - Have you checked your credit report lately?


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Old 05-08-2006, 09:00 AM
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All right, these are some encouraging replies! Ok, so what is the possibility at a regional of having a second job to bring in some supplemental income for say the first three years? Do you even have the time/energy/flexibility?
Next question, if someone were to go about it the debt free way,you know, slogging to and from the airport 5 mi through the snow and uphill both ways, are there generally accepted mins for small, part 135 operators?
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Old 05-08-2006, 10:00 AM
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Originally Posted by AliBabba
All right, these are some encouraging replies! Ok, so what is the possibility at a regional of having a second job to bring in some supplemental income for say the first three years? Do you even have the time/energy/flexibility?
Next question, if someone were to go about it the debt free way,you know, slogging to and from the airport 5 mi through the snow and uphill both ways, are there generally accepted mins for small, part 135 operators?
Probably won't have time/energy/flexibility. Remember, after your initial year with a regional, and depending on how much flying you do, you should be making somewhere around 30K-35K. By the third year, you should be ready to upgrade to Capt. They make 50K+.

It all depends...


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Old 05-08-2006, 12:35 PM
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Old 05-08-2006, 12:53 PM
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Old 05-08-2006, 01:07 PM
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the 135 IFR PIC mins are much higer than the 121 FO mins. 1200 TT
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Old 05-08-2006, 02:04 PM
  #18  
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F15-

Just wondering who your instructor is over at the Flight Academy. Ankor did my instrument rating back in 2002.
 
Old 05-08-2006, 02:53 PM
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Originally Posted by AliBabba
All right, these are some encouraging replies! Ok, so what is the possibility at a regional of having a second job to bring in some supplemental income for say the first three years? Do you even have the time/energy/flexibility?
Next question, if someone were to go about it the debt free way,you know, slogging to and from the airport 5 mi through the snow and uphill both ways, are there generally accepted mins for small, part 135 operators?
They say officially your not allowed to have a second job when you fly at an airline but I hear some still do work second jobs. You second question, keep in mind that no one will look at you unless you have multi-engine time. What you can do is seach part 135 operators that have their own flight school. that way after you become CFI you can jump right into their part135 flying. To give you an example a charter operation I know flying citations hires their cfis with around 1000k hours vs 2-3000 for street hires. Also you still need around 100 multi engine.
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Old 05-08-2006, 04:54 PM
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Thanks AirWillie!
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