Interesting we are now discussing tax rates for low earners in the NLH thread ! sums it up really.
Im pretty sure bonds will be paid up front before a type rating course commences. Otherwise a trainee could complete 95% then bail out and do the remaining simulator stuff himself. Not sure the point of this as its just a paper endorsement without flight time.
Ultimatly, Norwegian require a financial leverage allowing them to retain potential disgruntled pilots who may find its not quite the ball they were hoping for .