I thought all those 737/A320 heavy jet "line training" programs were not available to US-FAA ticket holders?
Obviously there is a big risk like those you pointed out. But, maybe if you do it you could land a job in Asia or somewhere on the 737 or A320 because of the time in type requirement which would make the steep price justifiable assuming you also can get your ATP. Maybe if you start the program with 1000 hours or so and get the 500 hours 737 and ATP at the end of it it could open up some opportunities?
Maybe the more reasonable thing would be to just stay in the US, CFI or use the money you were gonna spend on the line training to buy 152 and split the time with someone? Apply to Air Cargo Carriers on the SD360, Cape Air, Great Lakes, Key Lime or go Climbto350 and apply to all low time F/O jobs you can find? Then go for the US regionals? The risk in this is that you could spend 5 - 10 years doing all this for super low pay and possibly never landing a high paying job on a heavy jet?
In any case though, I thought they tightened the restrictions on all of this and won't even allow US-FAA ticket holders to do these 737/A320 heavy jet line training programs? Don't you need EASA tickets to do this now? And it's not like you can just sign up and do this, you actually have to do tests and interview for the privilege of paying money for the line training "job".