Wow Usualguy, you sound more bitter every day.
who is in the right mind ready to spend 80000$ for a cpl/ir/cfii then 4 years in a school to finish on a saab in a regional , and paid peanuts?
Lots of guys apply to Embry Riddle (and other schools) every year and pay even more to get a 4 year degree and end up at a regional, or even instructing even after graduating.
Besides, there is nothing wrong with instructing until you reach FAA ATP minimums. Lots of guys have done it in the past, are doing it now, and will continue to do it in the future. Heck, none of the airlines were doing much hiring since 2007 until just recently. I know lots of guys who slaved it out for 4 years as an instructor, or even bartender.