This has to drive down standards - if you as a pilot are responsible for your training are you not going to be like any company - try to spend the minimum to achieve the relevant tick. The only difference is the company will be checking you and probably be willing to pay an extra two hours a year in the sim. We all know how standards vary for a "pass". That is my first problem with this. First of many.
The other biggie is paying for a type rating (not the annual training as in my first problem). Pay 35k for a type rating with that money guaranteed back in work. So for three months all is well - I get work, pay my mortgage and start to pay off my loan - then the work dries up - so I've been paid say £500/day and work 15 per month. £7500/month x3 = £22,500. I then get £12,500? I've just worked three months for free and still won't have enough to pay off the loan. Dodgy.