You can do the modular route in just the same timespan as the modular so lets not believe the fallacy that Integrated is quicker.
However, with Modular you do have the ability to pause your training. Stagger it with work and family commitments. It is also possible to make a judgement about the employment cycle and control your entry to it. It is also relatively simple and easy to change training provider should you find either their brochure or their attitude to not be to your liking.
Integrated lacks these advantages.
Over the years have found that the Integrated route makes more sense in the boom times and Modular in the Bust times.
Coming back to the thread topic. A lot, possibly most, of the big cheque writing that has funded people spending up to £100k on flying training has come from mortgage equity withdrawal. Either their own mortgage equity or their parents was used in conjunction with unsecured debt.
MEW in the first quarter of 2007 stood at £13.9billion and in the first quarter 2008 it was £5billion. The disappearance of this funding may or may not have an effect on the ability of Wannabes to fund training. It'll be interesting to find out.
Could be that if you can afford the whole thing there will less competition as others can't.
Could be that airlines cannot find enough people able to to a SSTR and thus take over the burden again like they always used to.
Interesting times.
WWW