Yes if you compare what you pay for and what you get, CTC is from far the best option available in the industry in term of integrated training . The only thing that is not included is your living expenses and petrol for cars in NZ (around 30 pounds a month...). And as you mentionned, job prospect is far better as you are not completely by yourself after graduation.... Ok for all that.
But what these gentlemen try to explain, it's just that CTC is no longer the 18 months course leading straight to an airline job. As I red somewhere on this thread, some guys from CP 48 are still waiting for permanent job... And CP 77 just arrived!
I would strongly advise anyone interested in this (very good) program to wait at least until next spring just to see what happens in term of job placement.. We have a catch up meeting tomorrow with CTC NZ Head of training, let's see what he will tell us.