Original post by 0leDoing a master degree whilst you wait to do a second masters degree just because you are worried about getting a job seems really strange to me, particularly if you have financial difficulties. If certain modules sound interesting to you, then you can buy or loan a textbook and start reading it and learning. But the decision has been made so anyway...
I am not sure how it works, but given you are paying for this, you should be allowed to choose the options you want. However, make sure you read the fine print. Was it made clear before you applied that you may not get the options you wanted to do? If this is something you want to complain about then your form tutor/ student rep/ postgraduate admin should be able to give guidance.
35 is really not a large number. Many STEM courses for example have that sort of cohort size and also share seminars with other cohorts in large lecture theatres, so we are talking about 100+ people maybe. Regarding the work, maybe there is an emphasis on self-learning at LSE and less "guided" learning. It may help to read the course structure/guideline materials and see what is expected of you. Maybe LSE type of learning doesn't suit you, no shame in that.
Supervisors can be a bit "off" and are usually quite busy. Bare in mind covid-19 is causing a lot of problems and they will all be a lot busier than normal. If you need more time to discuss the work, send an email and ask for it.
What other people get is irrelevant. We don't know their full situations so it is best to not think and worry about that. Regarding your financial decisions, I mean, it really comes down to the fact that perhaps doing the masters was not a great financial decision. Applying for a hardship loan is sensible. Wait and see on that outcome before making any decisions.
Personally I am not really sure what the point of an MPhil is. Either look to get a PhD or don't bother. MPhil would be a complete waste of time and money.