When you are spat out of the system, you may find direct entry in an airline somewhat difficult. That is unless airlines are now taking low hour (c. 250??) pilots or (aha penny dropping now) you are lucky enough to get on the cadet scheme with O'Leary's airline. Have contingency plans (inc other employment and funds). You may not get on the scheme, you may not like working for them.
What stage are you at with your flying? EFT's 23K sounds a tad bit on the low side and must omit certain incurred costs.