Is it worthwhile takin a loan for commercial pilot??

Question

Is it worthwhile takin a loan for commercial pilot??

Answer 1

With fuel costs rising, commercial aviation is not

likely to be a growth industry, and ex-military pilots

will have a large advantage in the job market.

You might have trouble paying off that loan.

Answer 2

rajeev,

u r indian right? Frankly, its really worth taking loan for commercial pilot. You know india itself has very less numebr of pilots. We import them from various other nations. So there is tremendous scope here as well as abroad. But let me also tell you, its a very difficult course. So as caution, think what will happen to that loan if u dint manage to croos the course. I means to say, whats ur current education level, so that if something goes wrong will u be able to get in job immediately to take care of those EMIs and financial pressures. Insted i will advice you take it like advance from ur family members of friends so that there will not be pressure on you...

And there are scholarships available as well.