As a Second Lieutenant fresh out of college, you'll be making about $44,000 per year! As an officer, your pay depends on your rank and time in service. If you're a doctor or a pilot, you'll receive special pay considerations and bonuses. In four years, you'll be making about $69,000 as a Captain. (Note: these estimates use 2008 figures). Current pay information can be found on www.af.mil under "Careers."