Age limit is 26 if not mistaken. Should be enough for your to complete your degree I suppose.

Yes, worth every penny.

Cadet pilots who started in 2007 did not expect the economy to turn into this shit 2 years later. The same applies, the economy is bad now, but unless you are an economy analyst, you probably wouldn't know how it would look like in year 2011.

Depends on how you define worth I guess. To me, the risk is worth taking. If things doesn't go as expected, being jobless after graduating, I can do something else while keep trying my luck looking every possible way to land me a position in the cockpit.

If I were to be on a loan, I can get some other job while waiting, pay bit by bit, ask for help from family members or friends, and struggle through the hard time. That is, if you have a supportive family. Worth it? Yes it is. When you are ready for the worst, nothing can stop you.

For money kind of worth, say you're worried and plan to get a diploma in the meantime, and pursue your pilot course 2 years later, hoping the economy will turn better, how sure are you that the economy will be good in 2013? And if you can afford to do a diploma + pilot course, you should be kind of rich. And being kind of rich, you don't have to worry about not getting a job.

If it is not worth chasing your own dream, struggle through the hardest time to make sure you are doing what you love for a living, what is? It is however not worth to enrol in a flying school if you are expecting a high ROI in the shortest time, monetary wise, with the current economy condition.