15-20 years ago pay for endorsement arrived in Australia, lots of outrage and "I'll never pay for an endorsement" being sprouted...yet operators still found enough bums to fill seats - however funded.
Now there's variations on the theme - but probably less outright "pay for endorsement".
Things and times change - adapt and understand or perish.
Those looking at a flying career TODAY can only deal with options available TODAY - stories of the "good old days" (and they certainly were) are just that - stories - and of no relevance in their considerations.
Recommend - no.
Discuss the pro/cons - yes, then those who want to be in the 20% who actually get up and enjoy going to work (and still occasionally feel they're ALMOST being payed enough on a sparkling morning takeoff) can give it a go if they desire.
For those who think the purpose in life is solely to be the richest stiff in the cemetery - fill your boots.
Cheers