Just to throw it out there, I'm a wannabe in the fortunate position of being able to fund this course with no more than a small loan.
And i'm not even going to apply. If I was sat on my ass in England right now I might, but as i have something productive to do elsewhere i'm going to sit this one out and hope a better proposition comes up in the next 12 months. Can't see it getting more rock bottom than that. 104k without any details of future employment terms.