I have a friend finishing class at XJT now. Some of the tales he had of the poor performances put on by some of his classmates indicated that they're scraping the bottom of the barrel to get butts in seats at class.
"when the majors hire and get you 8, E and G guys outta here, we are screwed."
It seems there's going to be enough attrition at the majors, coupled with hardly anyone filling the lower ranks, coupled with rest rules that require more of us to staff an airline that within the next 5-8 years, pilots will be the single most valuable commodity in the airline industry.