Many of the FTOs do, however, follow that supply and demand model. So many aspiring pilots willing to take a punt, which seems only to exacerbate the employment / T&Cs problem. The banks have at least realised that; stopping the unsecured loans. I think it's actually quite difficult to get an accurate picture of things until you're in the system (or at least have really spoken to a lot of folk who are). People will happily pull the wool over their own eyes if they think they'll realise a dream. Still, that's possibly an indicator of poor objective judgement.