Thinking selfishly here, There will therefore be less competition for that elusive first job. i back what is happeing. Weeds out the ones who want to fly from those who do it because they have nothing else to do." Just put in on my Loan" Always has been to easy to get a student loan for the simple reason Flying schools will try train you and take your money even if they know and I quote "will never make it." Looks like they will be alot of flying clubs struggling next year if this goes though.