There are plenty of threads on the "issues" with ATP. It really is a personal choice.
ATP is great at what they do, turn out pilots who only want to fly for an airline ASAP. In theory thats great and for some it is perfect, but the price tag is steep.
First the actual cost is very high, second student loan payments are going to be with you for years to come and consume a large portion of your income making your quality of life suffer. Also, it is very standardized, some enjoy that others dont. You dont have much flexibility as far as experiences go. You cant rent from them, so you can't take up friends and family for a sight seeing flight. You cant go to fun places just because, want to land on a grass runway, dont even think about it.
Like I said, personal preference. Flying is expensive, there is no arguing that. ATP is more expensive than necessary to get the same ratings you can get elsewhere. Sure you get twin time, but with the savings you could buy a block of time and still be cheaper if you went to a 61 school.
In short there is nothing wrong with the school, it just depends how much you are willing to give and are you willing to pay a premium over others for the same job?
Better suggestion is take the savings of doing it 61 and also get a college degree and have a fall back plan for the eventual furlough.