SlumTodd_Millionaire
Most Hated Member
Downside to that is higher salaries - higher school loans = same take home pay......
True, but the higher pay will most likely far outweigh the increased cost, simply because of the supply/demand dynamics. Companies will be forced to increase pay to the point where they can attract applicants. By definition, that means increasing pay enough to more than offset the increased educational expenses. The fact is, this profession has been torn down so much that it's no longer desirable to most kids. When I was a kid growing up in Atlanta, the Delta guys were living relatively extravagant lifestyles. That's just not the case anymore. The kids growing up in Peachtree City today will not see those Delta pilots with three BMWs and a 5,000 sq ft house. They'll see a guy with maybe one new BMW and a used car for a spare, and maybe a 3,000 sq ft house. In other words, not much different than you can get from working your way up into middle management in half the time (or quicker). Kids aren't complete idiots. They can tell when something is worthwhile or not, and for new pilots just starting their careers now, this career isn't worthwhile anymore unless you just can't be happy doing anything other than flying airplanes.
When the pay actually starts sliding the right direction, I'll say "Todd was right."
You do realize that I'm going to hold you to that, right?