Except you're wrong, Studi, and Hezza is right.
Integrated is definitely not the only route into aviaiton, or the airlines, but you are placed ahead of the game... significantly. It's a fact that the airlines prefer an integrated student from a good school than a modular student. The better career prospects and the extra money earned are easily, easily worth it.
This forum is littered with horror stories of those who have payed for training and can't find a job. They now have to work somewhere else, struggling for ends meat, and struggling to keep licenses current. I personally would do anything to avoid that situation, even if it means paying £40,000 extra to be competitively placed when job-hunting. If you're actually good at what you do, the difference in cost will be made up through better earnings in just 2/3 years.
Look around at all the big boy jobs going with the LH carriers at the moment. Have a look at how employable you are with either a 737 or any Airbus type rating. So what if you have to slum it for a few years with Ryanair or Easy, soon you'll be one of the most employable people out there.
So no, it's not toying with people's dreams, in fact it's giving the lucky ones who can afford such a course that best possible chance of achieving them.