I personally took the debt before the financial crisis started. When I did my homework, the guys leaving CTC could pick between easy, thomas cook, monarch or BA to select for after finishing.
WWW was aware of the crisis coming and was warning people but to be fair, this forum has NEVER said "this is a good time to go for it".
I made my choice when the goalpost was a permanent contract from day one and the loan repayments were included in the salary, also TR was free and included. With this in mind I committed to the scheme. I would have gladly stayed in the UK if the contract even resembled what the guys got before 07.
The newer guys, the guys you'll see in a few years, yeah, they're insane because they got into this knowing that Flexiscrew was the end goal.