I think the issue is deeper than inability to get loans or the expenses or even low pay. I really don't think kids want to become pilots anymore. Up to just 10 years ago being an airline pilot was considered cool. Now you are just a driver. I see the change in society, nobody cares anymore. Even the pilots themselves have been beaten down so much the last decade since 911 they just want to collect their paycheck and go home. People take flying for granted and it's not special. Also being a pilot used to be top 10 career choices now it's barely even ranked on most new polls. It was like number 48 out of 50 best jobs on a recent one.