If CTC feel the need to buy out a cadet’s loan from HSBC to protect CTC’s record (that’s say an £80k loan, 2 years old)….. with nothing on the loan other than interest…big price for CTC to shell out for, while maintaining image...
If CTC can afford to do this for anything more than the odd cadet then:
A) They're being bankrolled by an idiot
OR
B) You were being ripped off on your training.
It sets a very dangerous precedent though. For reference - I didn't pass selection for CTC 2 years ago. Am I bitter? No. Am I glad? Guess.