The reason why the loans are hard if not impossible to get is because loaning money for pilot training is an extremely bad risk.
Why is it bad risk?
Because people don't get jobs.
In Holland there are 12-15 intergrated students now taking the banks to court saying that the banks shouldn't have loaned them the money in the first place. I think they each owe in the region 110k euro.
And now a person going to a flight school won't get a loan unless that flight school has had two pilots obtain jobs after training.
I think 4 schools have already gone bust, KLM school is still pumping out hundreds per year. KLM has nearly 1000 in the hold pool and are looking to get rid of its Foker fleet.