Hmmmm choice choices:
1) Accept the deal, go bankrupt on day one of type rating and then your training has only cost you £28K instead of £70k. Nice but you then contribute to the massive demise of T&C's throughout the entire aviation industry as the race to the bottom goes nuclear.
2) Don't accept the deal. Your mate does and you go bankrupt anyway and you still don't have a flying job (good luck finding one at the moment!). Although you can then start again and join a profession where there is a chance of a real career!
If this comes into pratice we are all screwed. This will affect everyone starting from the bottom up. It will have an impact whoever you work for and whatever you fly.
We....need.....to.....stop.....this. The guys this affects cannot fight their corner. We need to do it for them. We just cannot afford to sit idly by and let this happen.