Naples. Whilst it would be nice for training costs to go down there is a downside.
In the US training is cheap. And pay is low.
For the first 5 years you are going to earn very little in the US whilst you earn experience and wait to get hired by a 'Major'.
In the UK you can walk straight out of flight school into a LHR based EROPS jet... And I have friends who have done so.
So its either pays your money at the start or pay it over the first 5 years.
Although I concede that the the effective mortgaging of cheaper training by lower pay is a more economically democratic system it ain't going to happen in JAA land anytime soon.
The US has lower taxes than the EU. Period.
Cheers,
WWW