Latest / VREF | The Truth About the Aviation Market
The Flight School Closed. The Loan Didn't. | EP 59
A parent takes out a home-equity line.
A student wires tens of thousands of dollars to a flight school.
The school has experienced instructors, airline partnerships, manufacturer affiliations, national press coverage, and every outward sign of credibility.
Then the school closes.
And the money is gone.
In this episode we look at the financial structure behind prepaid flight training—and why students and families may be taking on far more counterparty risk than they realize.
If you prepay $50,000, $80,000, or $100,000 for training that will be delivered over months or years, you are not just…
The skinny
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