boogie-nicey,
You have very valid points. If a modular student and an integrated student are hired straight after their training, the modular student will be in a much better position financially. Even if the modular student has to do some GA flying to get an airline gig, at least he/she would be paid to fly, and would probably have made some good contacts along the way.
It would be great if an airline set up a "sponsored/mentored" cadet scheme via a well-structured modular route. Ah well, one can dream...