I appreciate NOTHING is guarenteed; my previous posts have always suggested people pay as they go as the only GUARENTEE of not losing money.
I am not aware of any UK university going bust up until now.....and as with the NHS I am sure the government will continue to offer support to such establishments.
By comparison, private companies who set up with the goal of making a profit, taking customers money up front, are UNLIKELY to be supported when it all goes wrong.
The recent history (I have not been involved long enough to comment further back) is of people being mis-sold a dream. Tell a story, take the money, .....
The facts are:-
There are far cheaper options than integrated courses.
You do not need to pay money up front.
Those who choose not to go integrated are getting jobs.
No-one can GUARENTEE a job in advance of someone starting their training.
I have some experience of dealing with people who have lost a lot of money paid in advance for flight training. There is SOMETHING which encourages people to part with their money way too easily.......but I don't know why. I am sure it will continue.