Friday, March 13, 2009

School

Well, while I'm sitting here waiting for my dad and K-Bob to get in, and I thought I would blab about Eli's school. There has been a recent development. The school Eli has been going to (and is still under contract for teaching) has "temporarly" closed. We don't know EXACTLY why, but this isn't really a surprise to us. Eli rushed to get through everything. There has been so many rumors and what not going around. So its still pretty difficult to know what the heck is going on.

Bad part about it and what it means for us?? We still have a chunk of un-used money tied up with them. This is for Eli's multi-engine time building. He needs this time to even apply for major airlines. We wouldn't be able to get another loan, so it would be VERY time consuming to save for each flight. Plane rental, gas, and time. Bummer huh. We think that there is a hearing on Monday to determine if there was a misuse of funds. Criminal, that would mean that we could possibly get our money back. If not, bye-bye $$$. Things could be so unbelievably worse!! There are students that have just started and have given the school ALL or a huge portion of their loans. Bad. Very bad. Some haven't even recieved their private license yet. You might think, "hey they could still get another loan?" Not really. Especially since the way the economy is now. And there are the others who don't have their commercial rating so they can't get a job yet and even the ones who aren't instructors yet don't have anything to go on.

So, come Monday, hopefully we will hear that Eli will be able to get his time building done and get out of there!!!!
I hope for the rest of them that they will get their funds back, so they can move on. So I guess we will cross our fingers??!!

4 comments:

Stacey said...

I hope it all works out for you guys. That is awful if you don't get your money back. But, you are right about those that are just starting, with this economy it would be a terrible burden to not get the training. Keep your chins up and hope for the best outcome!

Kari said...

YIKES!!! What a mess! Enjoy dad and Kbob...don't tell them the house burned down!

Michelle Croft said...

I hope everything has been worked out now. Even with charges brought against them it could take a while to get your money back. We're all thinking about you and hoping for the best!

DAVID GREEN FAMILY said...

Hey, Happy Belated Birthday!!!! And Congratulations!!!!!