LABOR WELCOMES FEE WAIVER FOR DODGY STUDENT DEBTS

21 Sep 2018

Labor welcomes the Government’s decision to waive the debts of thousands of students ripped off by dodgy vocational education training providers.

Labor welcomes the Government’s decision to waive the debts of thousands of students ripped off by dodgy vocational education training providers.

 

More than 6000 students have complained to the Ombudsman after being charged VET FEE-HELP for courses they did not undertake.

 

Shadow Skills, TAFE and Apprenticeships Minister, Doug Cameron, said students should never have been expected to pay debts racked up by dodgy private training providers that went rogue under the Coalition’s watch.

 

“The Government knew how much money was rolling out, they knew students weren’t graduating – and they knew the private providers that were raking it in,” Senator Cameron said.

 

“They had the facts – they knew how many students were getting enrolled.

 

“This has been an albatross around the neck of this dysfunctional Government for more than five years and I welcome students getting some relief.”

 

In 2014, then Education Minister Christopher Pyne was warned of the dismal completion rates under the scheme. However, they all just sat on their hands as more providers fell over.

 

“Despite concerns about appalling recruitment practices at Careers Australia raised publicly in 2015, the Coalition continued to provide them loans until they eventually collapsed in May 2017,” he said.

 

“They had all the information they needed to step in – and they failed to.”

 

From 2009, Labor provided VET FEE-HELP scheme loans of $1.4 billion over five years, many of which went to TAFE students.

 

When the Coalition was elected, VET FEE-HELP loans skyrocketed to $1.8 billion in 2014 and a staggering $3 billion in 2015, totally $6 billion from 2014-2016, mainly to private providers.

 

 

Source:  VET FEE-HELP data collection

 

 

Source:  VET FEE-HELP data collection

 

Within the first 100 days of being elected, Labor would conduct a once in a generation inquiry into the post-secondary education system.

 

A Shorten Labor government will also provide $100 million to the Building TAFE for the Future Fund to revitalise campuses across Australia and waive upfront fees for 100,000 TAFE students.


FRIDAY, 21 SEPTEMBER 2018

MEDIA CONTACT:  JASON GILLICK 0417 152 137