Quite so. Problem is it's a skewed market. Flying schools sell the dream and promise the moon to qualified candidates. The reality is that there are a lot of new CPL holders and few jobs so they're pretty much a captive market for those with no scruples to abuse as they like. For all their faults, the Maun operators at least agree to pay a salary for a fair day's work, unlike the shonky P2F crooks. Those going the P2F route are bolstering this practice, knowing full well that the next in line is right behind them and at the end of the day they still won't have a paying job because the operator will just get the next desperate sucker to pay to fly when his time is up. All this increases the debt burden among new pilots.
How to fix this? No idea. Maybe worth getting the word out there re actual job availability, thus getting fewer new CPLs on the market by adding reality to the dreams sold by the schools. Of course the trickle down effect will then mean the schools will cease to be a worthwhile investment and some will fold, meaning even fewer jobs available. It's a vicious circle and there's no real way out of it without a fair bit of pain.