Of course it bloody wouldn't. But Less aircraft hours = more profit for school, a percentage of which is probably passed onto the tagged airline
Until you offset the simulator hourly retail rate which is about four times that of a single engine trainer.
I like the idea of MPL training but not as a standalone licence. It should be part of everyone's fATPL training, not replacing it.
It is very likely to evolve into just that.
At the end of the day it costs less for the school and airline, and the SJS infected wannabe junkies pay more to satisfy their cravings
No, the cost savings are not really there. The advantage is that the training is more relevant to the airline pilot and incorporates much more of the relevant technical and non technical aspects at an earlier stage.
Who wants to bet that the MPL will eventually be replaced by remote monitored FSX sessions you can do in the comfort of your own home and pay 200000 for the privalage?
The price will most definitely reach that point in the future (14 years at 5% P/A).
Gambling 105000 against your parents house should be an automatic psych evaluation fail.
You cannot do this, unless you own the house. Parents can guarantee these sums against their own assets if they have 40% equity in the property even after the loan is taken into account. They have to show affordability in the event the primary borrower defaults, so they make the those decisions based on their own experience.
Funding can often come from savings, inheritance, earnings, secured and unsecured borrowing, and any combination thereof.