There is a self paced program with ATP, you can take your time and not get into debt that way.
You are correct that there is a self paced program. It is 10 months long and I am sure that 99% of people would still be in debt by spending $50,000 over 10 months.
In my opinion, no FBO can compare to what ATP offers....
Say a plane is due for a 100 hour inspection soon, is too close to that 100 mark, and you were scheduled to fly in that plane. No problem, just go request another and grab the key (if there is one

). If that new plane has an annunciator panel light flip on during run up, no problem, tie her up, go get another. If something was wrong with that plane as well... guess what... there's another!! Furthermore, those planes you didn't fly in, they will be fixed by the next day, if not by the end of the week. Get that from an FBO.
I am not sure where you are in your training, but you will probably fly airplanes that are either going over the 100 hour mark during the flight or are already over it (during checkrides). I know that ATP has had people fly a plane with 0.1 hours left until 100 hour on a training flight and then brought it back to the same location which happened to be a maintenance center. That way the airplane was enroute to a maintenance facility where the inspection could be completed. Many people view this as a way to bend the regs. And I will tell you that Robert Taylor and the dispatch office sure as hell will have you fly a plane with an annunciator panel light on during run up if they need that plane to get somewhere. Stuff like that happens all the time during cross countries. One more thing, as cmill said, many FBO's have top notch maintenance that get planes back on the line just as quickly as ATP. Moving on...
(I saw a story in the forums about a guy who took his written ahead of time, and RIGHT before his check ride the plane was flown for another student and the plane passed the 100 hour mark. That guy had to wait for the plane to be available again which was like two weeks. His written exam results were no longer valid by that point, and he had to pay/take the written again! Silly FBO!)
If a student takes a written so far in advance that they are in jeopardy of having that written expire, I blame the student for poor planning, not the FBO. Why did it take the student 2 years to be ready for the checkride???
Also, 2002+ airframes for just about every plane. Instructors who are dedicated and happily work 6, even 7 days a week (and are happy to work with you even if you aren't their student!) The ability to practice every written exam, over, and over, and over again, for FREE; before you even take them (in the testing center, on the same computers you actually test on, mind you.) If you need to go over something in the simulator again, no problem, just ask.
Airframes vary greatly by location. You have the new airplanes at GKY because the FAA flies the planes. Also, one of the examiners in Dallas refuses to fly the '79 Seminoles.
By the way, THERE ARE NO HIDDEN COSTS. If you pay $8,999 for your PPL, and gas prices sky rocket (projected to jump this summer!), you don't pay extra. Try and get that from an FBO. (I looked in to multiple FBO's and THEY HAD HIDDEN COSTS!)
You are correct about no hidden fees, unless you need more training for a certificate. I have seen one student who used their 3 hours for the cfi-se add on checkride only to get stuck turning 360's in the pattern because the airport had an emergency and as a result they were not ready for the checkride. ATP would not give them another minute in the airplane even though this student had not gotten all of their quoted flight time. Also, while you do secure your price whenever you put down your $1500 non-refundable deposit, ATP does raise/lower program prices fromtime to time. The program is cheaper again now, but when the industry was on the upswing, the ACPP was $55,000 or $60,000 (I can't remember exactly). One more thing, the PPL is about $8500. But what happens to that $8500 price if you quit at any point during the ACPP? Guess what, it DOUBLES IN PRICE. That's right, all of a sudden you are on the hook for $17,000 for a PPL. And be sure to read the Training Agreement that you sign when you show up on the first day. It details all of the fees you will be charged if you quit at any point. I know of one guy who got a PPL (SE and ME) along with an instrument rating for around $35,000 due to all of the crazy fees. But you are right, there are no hidden costs...
Oh by the way, ATP starts introducing IFR flight immediately after getting your PPL! What FBO will have you fly IFR with an instructor for 25 hours of cross country? You do the calls, you file the flight plan, you fly the route, all while the instructor teaches and guides you along (this time building is required anyways towards the 250 for the commercial rating!) Remember this is at NO EXTRA COST.
Any FBO will let you do IFR flying with an instructor as soon as you get your PPL. And you are right, you have to build 250 hours anyway, so why not do it? The only problem is, half the time you don't get to pick where you fly due to a plane needing to be ferried somewhere or you only get to choose 2 or 3 airports. That gets old after a while. The fun of getting your PPL and flying with your friends is not there.
ATP is a fixed cost flight school, plain and simple! There are thing's you do have to pay for of course; a sectional, head set, flashlight etc., and that makes sense! Otherwise, ATP even tells you up front, check ride costs are not covered, and those are $400 a pop.
Something we can finally agree one.
ATP isn't for every one, especially because of the money issue. Moreover, the career program is just not even close to being easy. Some people just cant do it! ATP isn't in the business of taking your hard earned $$ and screwing you. They have options.
ATP has taken many peoples money while screwing them. See $35,000 IRA above.
At ATP you get it done, no messing around.
When an instructor I know was working towards his PPL, his instructor barely covered pilotage or deadreckoning. He just learned to fly with the GPS; "just follow the magenta line!". Also, he hadn't ever used a single check list either. Additionally, he got milked $$ for going to an FBO, because of the sub-par, slow, training.
That is the fault of the instructor he had, not the FBO where he did his training. I have known many ATP instructors who did not give a crap about their students either.
Another guy I know, he's been working on his PPL for almost 8 months. His instructor is a FO for a regional right now, and the student has to work around that guys schedule to get flights in. At ATP, your schedule is their schedule. If you need to fly Sunday, you fly on Sunday.
Again, the student should get a different instructor if he is not happy with his training. You are right about ATP and the schedule. ATP instructors work 7 days a week for $1500 a month (minus $300/month if the instructor lives in housing where they will probably share a room with another person). And that $1500 doesn't include taxes. As independent contractors, ATP instructors are responsible for their own taxes. So, with housing and taxes, $1500/month quickly becomes $1000/month for a 7 day a week work schedule.
While at ATP I've talked to outside instructors coming in for their multi-engine rating (who wished they had gotten it done earlier,) guys flying internationally getting their ATP, other instructors having to come into our facility because we were the closest testing center, including men and women from many many different backgrounds. Even the FAA gets thier currency done through ATP. The traffic that goes through ATP, and the people you can talk to, just can't be beat by an FBO.
I totally disagree with you about the traffic coming through ATP. It varies greatly by location. The FAA uses the planes at GKY, but not at every location. ATP is not an FBO so no transient traffic comes through ATP's offices. I think that is the best way to network, not by talking to the guy who comes in from Air Zimbabwe for a 2 day ATP certificate.
To the OP (this whole post is pointed at you)
I would like to say, that if you haven't gotten college out of the way, you need to, especially if you want to go on to the majors. Don't skip important stages in life. College is one of them. Also, don't sacrifice $40,000 if you aren't sure what you personally need/require to get it all done in the best possible manor. Keep in mind that if you cant find a job instructing, you're going to have to find some income to pay off those loans. In the end, there is no such thing as a fast track, we all have to work long, hard hours, no matter what.
We agree again.:beer:
I looked at many many different flight schools, and I suggest you go down to every single one of them. Look in the planes, look at the facilities, and weigh the costs. Pull aside a student from each school and talk to them. By the time you do your home work, it will be a no-brainer, ATP or not.
More sound advice. Also, if you (the OP) decide to go to ATP, take a tour of the location you will be training at. Again, the ATP experience can be totally different from location to location.
I know many people who switched from FBO to ATP (and didn't regret it.) But even in the forums, I haven't seen anyone who went to ATP and then switched to an FBO... If there is one, that person is largely out numbered.
Eh, most of the people who switch from FBO to ATP get their PPL from an FBO and then do the ACPP at ATP. I don't know of many who start their PPL training at an FBO and then switch to ATP to finish the PPL and do the ACPP.