Why blame Riddle? Why not blame UND? Purdue? FIT Aviation? Wester Michigan? ASU? SIU-Carbondale, MTSU, OSU, etc.
Not everyone should go to college, and not everyone should or can Flight Instruct. A de-service is done to the student. This rule kind of leaves no other choice efficient option to a flying career.
Not everyone can afford the loan. Debt crisis already here. The debt bubble is approaching.
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Thank you dysfunctional regulators! Your doing a swell job on behalf of the AMERICAN PEOPLE.
Those currently flying 121, will soon have a much bigger hand / leverage to negotiate pilot contracts with. Next 2 years should be interesting.
I do not foresee an increase in people making the career pilot jump with this much red tape, thick glass ceiling, and obstacles. Not Worth making $25-30K per year. Not even worth making $45K per year approx. 8-10 years into regional flying. Something has to give from this... PAY RAISE, Airline Issued Loan Pipeline Program, etc.