As much as I hate the government making laws that screw with the free market, the public will get more experienced pilots as a result of this one, should it go through.
I got my ASEL in the 80’s. At the time, I toyed with the idea of working my way up and turning it into a career. Doing a little research, I found out that green FO’s at the time were making under 20k / yr.
A 60% pay cut for a 20k investment in training didn’t make sense - and wouldn’t have made my new wife too happy.
How do the pilots get experience if they have to have experience before they can fly anybody?