Whether or not this rumour is true (which I highly doubt) is irrelevant in my opinion.
No bank in the current climate is going to give out a loan for 150k for this type of training so for the majority of ppl funding of this magnitude will be impossible to get. It was bad enough getting loans for 90k for a career that is highly unstable at the moment and even that amount is difficult to secure with practically all banks, in fact I know of only one that even consider's it.
That will end AL's plans rather quick I would imagine.