I went modular in my 30s and would strongly advise the same today, now even for young people. Unfortunately, I believe this short magical time where age was almost a non-issue, is over. 30s are going to be old-ish again, and new pilots over 40 yo are going to have a hard time, and I predict it will continue to be so even if the market starts picking up. Doesn't equal "don't do it", but you better be willing to eat a total loss of your investment and, should the rare chance occur, be very flexible on all parameters (pay, conditions, location). For those willing to take such risk, I would still say do it, maybe get some quality PPL flying under your belt for a couple of years and observe the industry.