Whilst not wishing to comment upon individual schemes one should remember that BAE also have an aptitude assessment process for ALL students applying to the college.
For myself I would pay for the cheapest Modular CPL/IR Frzn ATPL I could.
This would be done by distance learning the ATPL whilst working. A PPL and some hours done in States or South Africa or similar. Then a Modular CPL IR at a small school with a tatty HQ and a good reputation at an airfield preferably close to home.
I estimate this costing around £43,000 all in with a following wind.
I would then - over some of the other options discussed here - have something like £20,000 in my back pocket to enhance my career prospects.
This would be a useful sum. It would buy me a type rating on a Shed - a type that a night freight company have recently hired on. Or a J41 rating which Eastern are currently advertising for. Or a HS148 rating which a certain freight company might find interesting. Ot a FI rating with Instrument qualification, night qualification and even Multi FI rating which a local school might be interested in. Or throw it at CTC to get into their airline preparation scheme. Or throw it towards Ryanair with their self paid type ratings. Or use the saving to support myself joining BA as cabin crew - they are advertising internally first (like all airlines) for staff with Frzn ATPL's and current IRs to apply as flightcrew.
The list is endless. A proactive attack down one of these or other avenues where few others are doing the same may well produce better results than hoping a large airline is going to approach a particular FTO at the right time looking at you and 40 of your colleagues.
That said, you pays your money and takes your choice.
Just be aware there are lots of choices.
Good luck,
WWW