I am currently working as a truck driver while completing my BS in Business Administration online. I should be done with the degree within 16 months, and at that time I will have around $25k in my savings.
My question is, should I take out a full financing loan and start with ATP when I finish my degree, and use the $25k to live off of (It would last me over 18 months) and buy necessary items for Flight Training OR should I continue to work as a truck driver for another 2.5-3 years to get enough saved up to pay in cash for my flight training? I make around $52k/yr and have pretty low cost of living, so I could easily get the required money plus money to live on within that time, but I don’t know if delaying the start of my career as a pilot and damaging seniority/hours that I could have been accruing at a regional would be worth not paying 20-30k in interest by the time that I pay off the student loan.
If it helps, I am 23 now, 2 months from 24.
Any advice from the mentors? Thanks!