These figures seem correct to me. The cost of borrowing in the present climate is challenging especially if you can convince HSBC to lend you the money!
I think that there will be alot of banks not being so generous in handing out loans and alot of new students wanting to break into the industry holding back for about 6 months.
This sadly will have a big impact on training organisations in 6 months, which means grounds schools will be trying to keep their heads above water and the knock on effect will be the CPL/IR courses. I think this will hit the likes of SFT/Cabair and Oxford in about 12 to 18 months time, and many of the small operators across the UK.
Best of luck to them all.
Regards,
Homer