I'm not an ERAU grad (went to one of the competing universities), but
know quite a few ERAU people. Pretty much what they've told me is that
they're going to be working off the debt for quite a few years. Some
are with the airlines, but most are flight instructing, living at home,
and pulling in around $15,000 a year. It really is a competitive
market, and I'm not sure that where you go to school makes much
difference. Having a bachelors degree is important, yes, but it doesn't
need to be in flying and it doesn't have to be from ERAU. So said one
of my graduate friends, who, if he had to do it over again, would have
majored in finance, lol.

My own personal opinion...$42,000 a year is ridiculous. My university
cost around $10,000 a year out of state for the maintenance program, and
I did my pilot ratings on my own at the local FBO. Came out with more
hours, more ratings, and more money left in the bank than the flight majors.