I paid for a type rating, it was by far the best thing I ever did. I was offered a job the minute I finished my training. I paid £55,000 for all my training (CPL IR FIR B737 Rating), I know of Oxford students who have paid way more than this and only have a frozen ATPL to show for it, and no job. I have been earning £45,000 PA for the past three years now, I will have a command in 6 months, all things being well, earning £75,000 PA for 30 years. If you look at this as a business plan the numbers stack up, do the maths!!
You can take the moral high ground if you want, but this is not likely to get you a job, and if I had my time again I would pay for a rating in a heart beat!!!