Sure. There's a lot of whining going on. But aspiring pilots (at least in the EU) basically don't stand a chance. Most Ab-initio's (as they're supposedly called) have student loans in the range of 130-170k and - if they're lucky - en up flying for a low cost carrier.
They get paid per SBH (Scheduled block hour) which lands them - during the first few years, on average - a gross income of €4000. Since most of these pilots are contractors but technically have only one client they'll have to pay for everything themselves (social security, pension, medical insurances, liabilities, income races). Depending on the country your based in this may tax your income by up to 78%.
Not to much to live from, let alone pay for interest on a student loan. And don't even think about repaying that debt.
But like mentioned in earlier comments: flying is like a drug, it's a beautiful job.
This says a lot about Europe actually. 4000 Euro should, if taxed decently, be a nice salary (2600 Euro net at 35% taxes). However, in many countries that salary brings your income tax way up (usually between 40 and 50 %). Plus, you are obliged to pay for a pension you will never see (I challenge anybody believing that in 40 years from now European States will be able to pay decent pension).
Finally, most of the European States have funny regulations about building new house, so most of the cities are crowded and rents are way too expensive.
They get paid per SBH (Scheduled block hour) which lands them - during the first few years, on average - a gross income of €4000. Since most of these pilots are contractors but technically have only one client they'll have to pay for everything themselves (social security, pension, medical insurances, liabilities, income races). Depending on the country your based in this may tax your income by up to 78%.
Not to much to live from, let alone pay for interest on a student loan. And don't even think about repaying that debt.
But like mentioned in earlier comments: flying is like a drug, it's a beautiful job.