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Ouch. I've got to echo the comments of others here.
Head for the exit but make sure that you are on good terms with them when you leave.
If you need to, you could make the lack of training money why you're leaving. Ie, "you want to be able to advance by having more skills to contribute more but don't see a cost effective way to do it. If you had to pay for training but there was an agreement up front about your reimbursement for doing the work that would give you more motivation to stay."
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