HF, I guess it is all in what you want to do. I got my flying license for about $5000. I see all the time where I could go become an ATP for $50K. Again it is what you want to do. Did not say it was a good investment, is what you are taught at Embry Riddle that much different than any other flight shcool?.
Never said it was and I did not go there and I am old enough when getting your private cost around 3000.
My complaint is that a person can spend $300K going to medical school and have to work 60 hours a week to make ends meet and maintain their office staff. They have to build a practice, did you buy the airliner and pay the flight attendents?. Meanwhile, the federal government and the insurance industry dictates to them (physicians) what they will charge and what the comapnies will pay. In the mean time the government passes laws that tells you how you must see a patient and what hoops you have to jump thru to do it. you on the other hand have a union to back you up, negotiate your payments and secure your benefits. i beleive in another thread you commented onhow necessary they were for you profession. Guess what, the government says doctors cannot have a union, that way it would be illegal for them to negotiate collectively.
See you might borrow $100K to become a ATC/ATP but in return you get to determine how you practice that craft.
Not sure I follow my company tells what to fly and where.
A phsycian who spends 12-15 years in training and spends $25$-$300K is told to take 60% of what they will pay and shut the hell up. And you wonder why it takes them 20 years to pay it back?
And as far as making a mistake, I don't know too many doctors that will tell you if they had an opportunity to do something else they would not do it. The paperwork and regulations make it a PITA, not so much the people you get to take care of.
Listen I agree you MDs are getting a raw deal with Obamacare I was commenting on not having loans paid by 50. I agree that Riddle is probably not a wise investment especially for someone who starts later in life, you will be hard pressed to recoup the investment. The same goes for a MD it would be unwise to put yourself in that position "bad decision making" I work with a guy who put two kids thru Dartmouth University both got liberal arts degrees one in Literature and the other in Philosophy probably not a good investment.
I am at the pinnacle of my chosen profession and it took me over 15 years to get here. Sure you can get your ATP rating on the cheap. That might get into the right seat of a commuter airline where you can expect to stay for 5 to 10 yrs making a salary that in many cases qualify for food stamps.
Listen I do not love Unions they are good ones and bad ones. Like I said I believe they are needed in my profession but that is a opinion.
Perhaps you should look at doing what my friend is doing he is going a Valet MD service where you pay a yearly fee to see him and no Insurance involved.
I have another buddy who is using our "pilots" decision making process to try and reduce MD/Hospital errors in treatment.
http://medcitynews.com/2013/02...uce-surgical-errors/
Also do not buy a Bonanza!