The type rated ATPs in the hold pool are not the same as those who have paid to fly - they are the guys who got through the CTC selection to do MCC and then went on to do the TR almost a year later - I don't think the deal is quite the same now for new ATPs going down that route as they have been told they will only be used if the hold pool empties - there is a difference between ATP and WingsATP.
The thought of rich kids paying to work on any scheme is pretty sickening to anyone out there (and there are a fair number) who has borrowed the money in good faith and ended up without a way to pay it back - I agree that we can expect to see a flood of cadets declaring bankruptcy in the next year - bit dire though isn't it!