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Old April 10th, 2013, 11:23 AM   #35
circling the drain
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Originally Posted by hondadirtracer View Post
Once I graduate from college I will have right around $140k in student loans. I am a double major is Aviation Flight Science and Aviation Maintenance Technology at Western. 90% of my loans are through Wells Fargo with an interest rate between 11% and 8ish%. When I graduate I will be a flight instructor making $18/hr working 25-30hrs a week if I am lucky. Once I build up my hours I will be working for a regional airline making about $24k a year starting out, with minimal increases is wage for several years till I make it to a captain position. It won't be till about 10-15 years down the road that I am able to make 100k + per year.
Not sure if post is meant to make feel sorry, or to point out you'll figure it out?

FYI, spending $140k to make $18/hr isn't very good business sense.
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