I want to go to Embry-Riddle, but the prices are so high on becoming a pilot, it's insane (I think it's 30,000 for fight fees a year).
Put me on the list of people who believe Embry Riddle is way over priced.
Getting an aviation science degree from Embry Riddle is extremely expensive. Prices have gone up a lot since I was there, but expect to graduate their aviation science program at the cost of
at least $150k, probably closer to $200 if you get into the more advanced flight training.
The degree is great, its top notch education, but its simply not needed for 99% of career aviation jobs. In the
few flying jobs that actually require a degree, in most cases any science related type degree will work. In any case, all the qualified pilots for the job are almost always finally separated by how many hours they have in their logbooks, not where they got the degree.
Another major compromise you are making is having any kind of back up plan. There are many ways you can blow your chance of ever being a professional pilot, and many of them are out of your control. I think high blood pressure and genetic heart problems are the most common, but even if you just accidentally lost eyesight in one eye you are done. In my opinion it would be better to have a more general degree for the simple fact of having something to fall back on.
In my humble opinion, you would be much better served to do what is being suggested in this thread. Go to a community college for 2 years, transfer to a state school and get a degree in some related science like aviation meteorology. Now you have spent what, $50k max? You can be flying at the same time, even more often than you will at ERAU if you wish. With another ~$30k you can have all of your ratings you need to start instructing and building hours.
With the extra money you would be much better off investing in a bunch of multi time. In fact if you could use the money you saved not going to ERAU to buy multi time you could accelerate your career by several years in a couple of months.
So the bottom line is in this current aviation market where its not ultra competitive, ERAU is just hard to justify. Scholarships are nearly impossible to get, and many times the actual flight programs
don't qualify for student loans and you are forced to get high rate career training loans or even put it on credit cards.
There are more starving pilots than there are starving artists. Its extremely competitive, especially initially. There are a lot of wealthy families in aviation and that means there are kids out there who didn't pay a dime for the education and will work for less than you, while you are trying to pay huge student loans. The highest paying jobs in aviation usually suck. All the fun jobs don't pay squat. Its not a career you choose for the money. But if you are dedicated it can be very rewarding. Just don't let anyone tell you that you need to drop $200k at a school like ERAU to play the game.