FPP and CTC Wings are light years apart in what they're offering. The fact BA will back your loan and then repay it to you once you're (hopefully) employed is a massive difference if you can't afford the training costs outright.
Those graduates who are now completing placements with at least one partner airline are being offered full time employment contracts which should yield around 4000+ hours of jet airliner experience over the next 5 years and a gross income (before tax) of over a quarter of a million pounds over the same period. The flying experience should (if all works out well) place those same graduates in a position to move to their respective left hand seat commands by the end of that same period.
Do you think those terms are lamentable?
No, but there's a big if involved in all of that, it rely's on you getting very lucky. If you end up at Easyjet (the most likely option at present), you will be asked for a further £10,000 for a type-rating, you're not on a permanent contract, you're not guaranteed a minimum number of hours/salary, you have no job security. That is lamentable.
Everybody wants an upturn in the market. The reality is that as and when it comes, it will result in an expansion of the cadet training schemes that already exist and have prepared infrastructure to respond to that demand.
Hopefully some will take a look at FPP and decide to go down a similar route and not just get on the phone to CTC Wings.
If you don't want it badly enough...(shrug)....somebody else will.
Lets just hope that that 'someone else' has thought long and hard about the financial implications of it.