Oh dear. That sounds really bad. But very plausible.
My opinion: If you're going to spend €80.000 on your pilot-career, then don't be cheap about it. What you might save on the flying-hours is not going to make up for the deficit in skills afterwards. Fail a screening only once, and all the money you may have saved during the training is gone to waste: Let's say you saved US$ 25,000 in training costs, but find yourself unemployed for half a year longer-than-average plus you require four extra-simulator sessions. That will eat up anything you might have previously saved, and still you're only playing 2nd-league.
Once you are in an airline-assessment, when doing your TR on a 737 or 320, and even later during the line-training, it will show very clearly on your performance if you come out of a no-name cheap-cheap flying club, or if you graduated at a professional flight academy.
The airline will not be very pleased if they discover that they still have to teach you the basics of SOPs, handling skills and modern CRM.
Apart from pre-destined training deficits in a place like the one mentioned above: Anybody going to a college or university will know how important it is to chose one with a good reputation. It's going to be part of your CV later on, and it is going to be part of your own reference when looking for your first job.
I'd strongly reccomend you go to a well known school in a country where you also hope to find your first employment.
Last edited by Nightfire; 20th August 2009 at 20:50.