Originally Posted by Bambe
The future will be very different, the selected candidates will still benefit from CTC connections and first class training (which is already a lot) but will probably have to self-fund the training..
As it stands, I think the unsecured loan still exists as there is no change of information on their website.
It's really important to clarify speculation....self-funding the training means that you pay for everything yourself, i.e. similar deal to Oxford and other integrated FTOs. Do you (or the Captain you spoke to) mean this? Or do you mean that the loan will simply need to be secured against equity rather than be offered wholly unsecured.
If self-funded, then that throws a large principal of CTC out the window...