Financing guidance question

ATP Admissions, Housing & Finance Questions
1

So to be brief:

I am 26 with 60k in savings. Should I take out a loan still? I am not sure strategically what my best bet is here. I can get a co-signer to ensure a loan, but is that the best bet? Get a loan for 40k, and pay the rest upfront?

Looks like upon completion of my medical i will be starting to fly in March 2018 in Los Angeles. Super excited, but I don’t want to mess up on the financial side of things.

Any guidance for me out there?

Thanks!

2

That is really up to you and what you decide is best for your situation. I am always a fan of preserving capital, but that is just me.

3

Not to be a wiseguy but we’re pilots, that’s a question for an accountant.

Adam