i agree with the student loan scheme, there must be a heap of new minted CPL's out there with very little hope in getting a job in NZ, from an financial perspective there is very little risk as it;s interest free, you can take a lifetime to pay it back, the problem starts when you cant get a job in NZ and have to go overseas and then they start charging interest on a $80k+ loan. The loan scheme provides easy cashflow for training providers and normally a lot less riskier than normal aerial work. Would be interesting to know the number of CPL H liceneces issued over the past couple of years. Ive paid as i go and therefore it;s streched out a few years, but i must say the chances of getting a flying job in NZ look pretty bleak with all competition.