The thing to consider is what happens if you get the MPL and don't get a job? Or you get laid off very soon after starting like the Sterling guys?
You are then left with considerable debt and a near worthless license.
With an MPL you rule out any chance of at least getting some experience elsewhere and a little money coming in should you choose to do some Instructing or Air Taxi, Aerial Photography or some such. Hell you can't even take a 152 up for a jolly!