It’s time Malcolm Turnbull followed Labor’s lead and reined in the dodgy private providers that are exploiting students and rorting the taxpayer through VET FEE-HELP.
Labor took to the election a comprehensive policy to cap loans at $8,000 per year, protect students and save taxpayers $6 billion.
Malcolm Turnbull’s had plenty of time to act.
In 2014, the ten largest private providers received $900 million in VET FEE-HELP subsidies - yet less than five per cent of their students graduated.
The VET-FEE HELP loan scheme has blown out to $3 billion a year under the Liberals’ watch.
“Malcolm Turnbull has been sitting on his hands,” Shadow Minister for TAFE and Vocational Education, Kate Ellis, said.
“Instead of protecting students and dealing with the problems in the sector, the Liberals have changed minister’s five times.
“It’s time the Government followed Labor’s lead and put a cap on the fees students can be charged – like we have for universities.
“Students should be at the heart of our TAFE and Vocational Education system, not dodgy private providers.”
Other measures in the integrity package Labor took to the election include:
Ensuring that funding for providers is linked to student progress
Setting national priorities to help meet the skills needs of industry
Cracking down on the use of brokers to recruit students
Ensuring that only the highest quality colleges get access to funding
Toughening powers to audit, investigate and suspend unscrupulous providers