I agree with everything showheifer has said.... if this student is dedicated, willing to continue to learn, improve and excell, he/she will be able to make this a very good business and a very good and enjoyable occupation. If they are planning to just put some embryos in and hope for the best, well, they better rethink what they are planning to do.
it seems to me there is lots of room for exceptional co-operator herds in this business. Being " average" will not cut it any more. ... they will have to prove themselves to be above average in all areas. If they do this, customers will be lined up wanting their services. If they don't do this, this venture will be a major struggle.
If they are dedicated, sincere, and motivated, this person may be exactly who I have been looking for............