More power to their collective elbows and to those running the course. Keeping the traditional music of these isles alive must be helped tremendously by turning out a regular stream of high quality practitioners of the art, encouraging others in clubs, pubs & sessions. I know one or two of the students. They were experts when they began; let them become masters so they can teach, encourage and be an example to other YOUNG people. We need old people playing, but when was the last time you saw a lot of young musicians at a session? (Except the BIG Barrow session, of course.)
If I have any misgivings, it centres on how these graduates will make a living by anything else than teaching music. Not that teaching is bad, far from it - but they'll never prosper by performing. Or will they?....