There's a very succinct answer to all this - if you don't like what's on offer, don't bother with Flybe and go and find another large airline that's prepared to offer zero-experience cadets the opportunity to go straight into the right hand seat of a modern glass cockpit airliner. Ahh, hang on a minute . . .
The airline world is full of people on the same pay grade who have incurred wildly different training costs. Colleagues who trained at FTE and Oxford spent nearly twice as much as me to get the same licence and the same salary. So what? Should they get more money because their training was more expensive?
Personally, if I was sat at home with zero experience, I'd be mighty chuffed that an airline was running not just one, but several cadet programmes, rather than moaning about why scheme x costs more than scheme y.