Super - don't know who's fleecing you for 12k per year at the normal rate. Some of my dutch mates are paying that amount to get their loans paid off asap! Plus the 42k is until you are unfrozen, a year and a half later with a little thawing and it'll be 50k+.
Then you go to a flag carrier or the middle east and earn even more. I'm not the exception by any means - have loads of friends and colleagues in the same boat, and it's the most exciting time for quite a while to be getting in to aviation (far better than when I came in!). By the looks of things there will be a big shortage of pilots just over the hill too, it's coming very soon. Spend your money well and don't skimp, give yourself the best chance possible, kick a55 in your training and get straight onto a jet.