Thanks for all your replies. It's definitely an eye opener reading posts from you ex-CTCers who have been spat out the other side.
I was rather puzzled as to why CTC aren't cutting back on their intake, but if you have people willing to shell out 76K (Including the foundation course) why would they? Except the irreversible damage to their reputation as all graduates are left high and dry, not even being able to get jobs flying cargo planes full of rubber dog turd out of Hong Kong!
I certainly can't see CTC paying off the loans of ill fated grads. However, if it has come to that how can there be a future for the company.
As much as I hate to admit it air_wolf is right. I'm not prepared to get into such a massive debt, certainly not until flight crew intake is on the up across the industry.
Cheers for your advice everyone.