Something that should be added is that the best time to be in training is when there isnt any hiring going on. The industry is at a stand still and instead of looking at that in a negative light, look at it as a positive. If you bust your hump and get your ratings and build time while things are in the dump then you're not losing any potential seniority anywhere.
I started flight training just before 9/11. Soon there after the industry tanked. at the time i thought like you, but looking back it was a great time to be in school. The instructors were stuck instructing because there wasnt anywhere for them to go which meant i had only 2 instructors throughout all my ratings. Because of that it made it much easier to learn, i knew the instructors way of teaching and he knew how i learned. If the industry was booming you'd likely be going through instructor after instructor and thus probably having to repeat alot of stuff with each instructor adding time and money.
On the seniority front, After i got all my ratings and finished college I'd built up enough hours to get hired at a regional and that wasnt to long after they started hiring again. While i worked at the regional i built up the time and upgraded to the left seat and got my PIC time. By that point the majors started hiring again and i got lucky enough to get hired by one. All of this took place because when i started flying the industry was in a holding pattern. Timing is everything in this industry (mixed with alot of luck too) but use this time to your advantage if you can. Work hard now and you never know where you'll be in a few years
BTW I dont advocate getting into large amounts of debt either so do what ever you can to avoid that because the school loans will bite you in the arse eventually and you dont need that burden when you're trying to climb the career ladder.