Blind faith is akin to stupidity.
You can put a positive spin on anything, the facts are that the industry is in a state of turmoil and only prudent planning will see you through. The likes of Cabair and OAA (also refer back to positive spin) will not help you get a non existent job. I'm sure there will be a trickle of Grads walking in to Employment but are you willing to bet your wad of cash on the chance you'll be one of them?
I personally think you'd get better odds in Vegas, save your coin and watch this space. Be one of the ones that times it to perfection for the up-turn.