No one is going to quit. Most regional pilots are satisfied with their situations. That is why nothing will change.

Flight instructors are happy to fly a jet for $23/hr with benefits and a stable schedule because it will not be permanent. They will upgrade in 2-5 years and will either be a regional captain making $71/hr or move onto jetBlue, Spirit or Virgin America.

First Officer regional pay/life is terrible but it beats flight instructing.