I am an Army helicopter guy with a bit over 2000 total time. I just got out and will be pursuing a flying career hopefully in the airline industry. So doing a lot of research the last few months I’ve narrowed my choice to 2 directions. First one is use the GI bill and go to a community college and get all my ratings up to AMEL paid for fully.
The second option is to take advantage of some of the money being offered by the regional and paying for the rest of my ratings.
From a financial standpoint the first option will not cost me any money but will take longer. Some of the accelerated programs I can finish in about 1 year. The second option will cost me about 20-25K but I will be able to finish in about 6 months but I will have a working contract of about 2 years.
Is it worth it to pay out of pocket to be done 6 months earlier and get in the industry sooner? From what I’ve read it seems like the market for pilots is hot right now and should I rush to strike while the iron is hot? You see the hiring demand change by the end of 2017? From a financial standpoint I have the 20-25K money to pay for the training but unless its benefits outweigh the cost I rather not pay for it out of pocket.
Thanks for the advice