When first starting out as a Model Engineer there's a lot to take in: materials, tools, measuring, dials, cutting speeds, coolants, work holding, reading drawings, suppliers, setting up a workshop, what to buy first: there's an almost endless list of new things to explore.
An advantage of indexable carbide for the beginner is that it eliminates the need to develop a rather difficult new skill, that is how to correctly sharpen HSS with a grinding wheel. It's well worth joining the HSS club but these days newcomers can choose to do it as and when it suits them.
You won't go far wrong with indexable carbide. In my experience it's rather well matched to a small lathe run fast.
Cheers,
Dave