I know exactly how is going to affect training.
There will be an "unofficial" freeze on failing students on watches due to the fact that there is no way to get all those students through in the time they have unless students pass every single watch they get. There will be even looser standards than there are now due to there won't be enough time to actually hold students accountable for their knowledge. Staff members are going to be required to put in 12 hour days in order to handle the increased demand for checkouts, training events, test grading, and helping students understand. This is on top of the horrendous workload they are already under because of maintenance, and other needs.
Off crew for students and staff might even go to two shifts, day and night shift to accomodate the extra work load.
Staff EWS quals are going to be even harder to get due to trying to compete with students for watchbill slots. Which will eventually lead to EWS qual seekers putting in insane hours trying to get cross crew slots(which is very hard to get). Same thing for T-EOOW quals.
ELTs school will probably end up getting either shortenend, or some ELT-Ts will be put on hold as they split the classes up into two sections per class. ELT training group will probably be putting in day and night shifts.
ALL of the above will have to be done using the same number of bodies that are currently allowed by the PTM. I figure that this will lead to a possible increase in DUIs from staff and student, a few wrecks due to fatigue, and possibly some equipment damage. I truly hope that I am very wrong on these predictions.