Ian,
Yeah graduated in 2006, joining army as an avionics tech in November, but at the moment just bimbling around the Pembrokeshire coast in a 172 enjoying my brown book.
From what I gather, a fair few people who graduated from the degree are doing integrated ATPL courses at the moment. Banks tend to like giving loans to graduates, but the idea of adding a 50k commercial bank loan to the debt of a 10k student loan fills me with dread.
Earn it first, then spend it on flying and enjoy it! Theres no reason why someone cant patiently work their way through the ratings and licences over 4-5yrs fitting around their personal lives, providing they haven't got too many work/marriage/mortgage/children commitments and can afford it. (You don't need a CPL/IR to fly your family to Ireland in a twin)