And going back to the topic (aviation training) - loans have become scarcer as banks continue to hoard capital.
The government would be foolish to dole out free capital to anyone, and where they do will simply be starving more worthwhile opportunities of capital by using up a limited resource.
Preservation of jobs in itself is not sufficient reason to lend - capital allocation to profitable opportunities is what drives long-term growth.
We truly are witnessing a creative destruction of capital at present: destruction of the dead wood and a rebirth of the new, better, more worthwhile opportunities.