Scott I'm sorry but that is just marketing non-sense. Yes it sometimes takes modular pilots longer to get the first job but I would rather it take longer than sitting with an 80K loan on my tail (or 60k in your case :P)
I've got friends from modular schools who fly with BMI, Flybe, Loganair, Eastern Airways, Globespan and Ryanair who all done the modular course with schools that don't have the glamours name like Oxford.