I wonder if those were a valid comparison. Large numbers of Cessna 150s escaped the flight training regime entirely, while I don't recall there being many privately owned PA38s. We had a number of 150 owners around the field who could have afforded bigger planes but chose their bird for its low operating cost, as they'd rather go flying every evening than spend the week working overtime to afford to take a Skyhawk, Skylane, Arrow, or Bonanza out on Saturday. Besides the 150 would comfortably drop into those little grass strip pancake breakfasts that the faster birds found kind of tight. These folks built time on their 150s near as fast as the flight school did.The 38' had a fatal accident rate that was, as I recall, six times that of the C-150 series; that's using the FAA's per 100,000 hours flown statistical model.
Cheers,
Wes