As a pilot it is a question we often get from others if it is still viable to enter the industry. Over here there is basicly one answer to it: try to get into a sponsored cadet scheme with a job guarantee (here that would be Lufthansa, probably Swiss) or one with half a job after the training (over here Air Berlin). If you fail the entry tests to both stop trying and get a real job. With well over a thousand pilots fresh out of school looking for a job plus several hundred very experienced pilots in a job market that is only around 10.000 jobs strong in germany the risk is way too high that someone doing his frozen atpl will not be able to land a flying job that will allow him to pay back the education cost and earn a living, to get a return on investment is pretty much impossible in most cases. The grass is not really greener somewhere else, in fact it is probably even worse when i consider the many pay to fly schemes popping up everywhere (not here, yet).
In short: able to get into a sponsored cadet scheme: go for it, usually the job afterwards is somewhat well payed too. Not able to get in? Try another profession.