Wannabe action plan
Don't get sucked in by the glossy publicity and pictures of young people looking happy standing on the steps of airliners with South American military quantitys of gold braid. These are the people who have copped onto the fact that the wannabe is going to pay to sit in the (second) best seat on the aircraftand are going to charge a fortune for this "oportunity".
The market is not ready for this and won't be for two to three years minimum. Life would be so much better in the long run if all of you kept well clear of these money sucking parasites.
It might be the time to think about a very slow move towards a modular (f)ATPL, training prices are keen but DO NOT give up the day job and DO NOT borrow the money, at this stage play only with real cash that is yours (as always not more than £500 up front).
Slow forward movement is the name of the game with the aim of being ready to do the IR in about three years. If the market shows that it is picking up then borrowing a little money might be in order to quicken the pace but this won't be for two to three years and hopfully you will have done most of the trainning by then.
It should put you ahead of the market without exposing you to too much debt and you will still have a job if the market is slow off the mark.
With regards to paying for the "oportunity". Sadly the days of full sponsorship are well behind us, which is something i am very sad to see. But having been on an interview board for a UK airline I am fully aware that airlines, and sadly students, need to get real. The cost of integrated training is very high indeed. But some airlines,not mine but at least one large UK regional, still offer part sponsorship to students. True this may only put a dent into the financial punch that will be recieved by student and family, but that is what i would hold out for right now.