It's a cut throat, cost cutting, ball busting jungle out there run by unsympathetic nonflying bean counters, unless you are onboard with with one of the high profile "legacy" major airlines with a strong pilots union. My girlfriend just retired from American, and over our careers we've known hundreds of airline pilots. Not one of them would encourage or allow their kids to pursue a career in aviation. It ain't what it used to be.
The truth of this is finally setting in, as there has developed a major pilot shortage at the airline level, and today's kids are too smart (or too lazy) to sign up for a life of hard work and economic bondage, no matter how "romantic" or "exciting" it's cracked up to be. "Cracked up" is the operative term here.
So, Bill, you nailed it precisely.
Cheers,
Wes
PS: The traditional pathway of "working your way up" to the airlines through General Aviation is much less feasible today than it used to be, as GA has shrunk and the first big step beyond flight instructing has become a much bigger leap. Entry level has become 1500 hours, an ATP, and a type rating in a commuter jet. Also the safety folks have become leery of GA pilots entering the airline world, as their early training is likely less standardized. So the answer has become aviation academies like Embry Riddle and American Flyers. Any seasoned captain can tell you horror stories of brand new ATP and type rated first officers who are so far behind the airplane their head has legal ATC separation from the aircraft. Kathleen says she'd rather have a 900 hour freight dog who's been flying cancelled checks at night in a Navajo than a newly minted 1500 hour academy graduate in her right seat heading into DCA on an icy windswept night after holding in freezing precip. It's a big jump from a Seminole or a Duchess to a Canadair 700.