That raises an interesting question.
Let's say a newbie has £80k available. Take it as a given for the moment that an integrated graduate is more employable than a fresh modular graduate with similar total experience.
Which is more employable?
(1) Fresh integrated grad with fATPL.
(2) Modular graduate who spent the other £40k building additional flying experience. Say 100hrs multi, SET and FI(R).