You need to really consider redundancy law also. MPL airlines such as EZY are making pilots redundant. They cannot under employment law then take on new recruits such as MPL graduates. We all know that. More importantly is the union deals etc that will be done to commit to take redundant pilots back on when things pick up. Flying school graduates are going to have a long wait before jobs become available, by then you are looking at instrument ratings expired and no cash to keep them valid.
I would try and flip to some form of modular programme under the cost/fee already paid to the flight school and really stretch the remainder of training out for as long as possible to try and qualify as far in the future as possible.