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Posted

The reason college is so expensive is because we've made it too easy for everyone to have access to money to attend it. When people can borrow money for it, regardless of creditworthiness, then the supply and demand forces get all screwed up.

  • Like 2
Posted

I have a son who is starting at Cornell this fall...and I am school shopping for my next son who will start college somewhere in the fall of 2016.  And I have one more who will start the 8th grade next year.

 

I have some big bills very soon.  Yikes its expensive.

Posted

For those with children in college, Encourage them to consider a Coop program while in college. We have 6 engineering Coop students at work from Auburn who work with us for a semester and then attend school for a semester. They alternate every other semester with 6 additional students. I believe the going rate is over $20 hr now, so in addition to saving some money to help with their school they also graduate with work experience and in most cases a job offer a few months before they graduate.

Posted

Tell them to get their A&P/IA. They could pay for school annualling my plane

 

I'm afraid, that unless you have a Gulfstream G6, then doing your annual won't be nearly enough to pay for college.

Posted

The reason college is so expensive is because we've made it too easy for everyone to have access to money to attend it. When people can borrow money for it, regardless of creditworthiness, then the supply and demand forces get all screwed up.

Colleges know with these poorly underwritten, government-backed loans that there is a guaranteed revenue source. There's no incentive to control costs at all.

They'd rather take debt loaded students even if it means that those paying cash will do some shopping and not attend their schools.

  • Like 2
Posted

I spent 2 hours in the Ovation today bought fuel @ 3.64$/gal, came home and wife had potatoes baked, porterhouse steaks cooking and you guys are ruining the mood. My daughter is talking Vandy, time for a beer or three!

Posted

triple8s, see the post above about Air Force ROTC scholarships. I started at Vandy on NROTC scholarship; Marine Option was available, as was Army ROTC [but Dad the Marine would have died . . . ]. My roommate was AFROTC scholarship at Vandy on a cross-town AF program with MTSU for the AF stuff.

 

If your daughter goes to Vandy on your dime, your beer money may shrivel up. As long as you can still buy a little avgas, you'll survive. :blink:

Posted

I saw a commentator on CNBC a number of years back who talked about how paying for a child's college education was a poor investment toward ones own retirement. Can't remember all of the particulars but he had some interesting and compelling points. I do think it is rediculous for someone to pay 250k for a child to get an English lit or sociology degree or the like which have little or no utility. I for one insist that the program of study have utility, ie business, engineering, etc, if I am to make a contribution.

  • Like 2
Posted

I get mine done at Lasar, and excluding upgrades, 3k for annual would be a good price and mean nothing major was found. Im sure you cuold find someone less expensive who will tell you your plane looks good, but I really like someone to reallly go into my airplane very well to avoid surprises.

  • Like 1
Posted

I get mine done at Lasar, and excluding upgrades, 3k for annual would be a good price and mean nothing major was found. Im sure you cuold find someone less expensive who will tell you your plane looks good, but I really like someone to reallly go into my airplane very well to avoid surprises.

 

Quality, quick, inexpensive. Pick two...

  • Like 1
Posted

I saw a commentator on CNBC a number of years back who talked about how paying for a child's college education was a poor investment toward ones own retirement. Can't remember all of the particulars but he had some interesting and compelling points. I do think it is rediculous for someone to pay 250k for a child to get an English lit or sociology degree or the like which have little or no utility. I for one insist that the program of study have utility, ie business, engineering, etc, if I am to make a contribution.

 

Back when I was flying for the regionals, I was amazed at the debt some of my copilots told me that they had from places like Embry Riddle. Some as high as $150k, for a damned aviation degree. And this was a decade ago! Can't imagine what it peaks at now. Horrible waste of money.

Posted

Back when I was flying for the regionals, I was amazed at the debt some of my copilots told me that they had from places like Embry Riddle. Some as high as $150k, for a damned aviation degree. And this was a decade ago! Can't imagine what it peaks at now. Horrible waste of money.

And the people that say it takes $70-$100K to get all your ratings. Apparently they haven't seen an efficient part 61 school

  • Like 1
  • 3 months later...
Posted

Them things are not cheap, that's for sure. But 800fpm thru 17,000 puts a smile on my face every time...

$475 on my M20J annual made me laugh. Mine can also do over 800fpm going from 19,000 thru 17,000. :)

 

José

  • Like 1
Posted

And the people that say it takes $70-$100K to get all your ratings. Apparently they haven't seen an efficient part 61 school

I d been flying 20 years and u haven't seen one either

Posted

Quality, quick, inexpensive. Pick two...

I get all 3. But I do most of it myself and I take charge.

I don't take my BMW to the dealer either.

  • 2 weeks later...
Posted

Ryan, try Sarasota Avionics. They are now a MSC and the base is $2700. I just got my Bravo back from annual and was really pleased with their work. Be careful though, going to an avionics shop for an annual can end up costing way more than just the annual if you like glass and gadgets.

Curt

Posted

Ryan, try Sarasota Avionics. They are now a MSC and the base is $2700. I just got my Bravo back from annual and was really pleased with their work. Be careful though, going to an avionics shop for an annual can end up costing way more than just the annual if you like glass and gadgets.

Curt

FWIW, Daytona Services (another MSC) base price for M20J is $1850.

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