CW is right. As far as getting a job goes, furture employers want to know how many hours you've got and what you've got to show for it in the way of licences. If you went club/school at East Mids for example, did your PPL, then CPL/IR you have done the same training as those at Oxford probably for a darn site less!!!!
This 50k sum of cash which is needed is a bit of a joke because you can get a frozen ATPL for so much less. Reading the brochures from OATS/Cabair tell you that this is how much it will cost which then gets posted here. This is where this illusion of 50k comes from. People assume that the only way to get a credable ATPL is to go to OATS/Cabair etc. I thought this at first but its not the case. If your parents will put up the house their more likely to help the less you borrow. Also, can you imagine paying back 50k!!! Not a nice thought. I'd better shut up now before I put OATS out of business.
Hope this helps.
Autofly.
P.S - Credit to WWW, Hamrah, Grandad flyer, etc., etc. ....... god I learn't so much at the seminars.