Originally Posted by
CurtainTwitcher
Problem #2 The operator will have to bear some or all of the financial risk for failures. Who is going to sign up to a deal where they owe $200,000 without a job?
This is already how funding is for most cadetships in Australia.
Virgin uses the government fee-help as their funding, so there is no risk to the operator if the cadet doesn't make the grade or pulls out.
I'm pretty sure Rex offer the loan themselves (80% of a ~$120k loan), but if the cadet fails to complete the program and their service period, they are liable for paying the full amount back to Rex.