Credit crissis........ I don,t think so!
For the past few years the big training companys have convinced the airlines that "integrated" pilots are the "quality" product and have more or less forced all the wanabes into courses that cost £20,000 more than the same training on a modular course.
Ask your selfs what is the added value that the integrated course gives you over the modular course, the answer is that you are paying a years take home pay for a bit of help getting a job.
Not being able to get yourself into a vast debt cant be bad and the up side is the extra flying you do to get the hours via the modular route will make you a better pilot.
The only people this credit crissis will hurt will be the leaches who are charging £20,000 for bit of careers advice!
The message is clear.......... go modular and save a fortune!