INAPPROPRIATELY INCURRED DEBTS UNDER FAILED VET FEE-HELP SCHEME TO BE CANCELLED

INAPPROPRIATELY INCURRED DEBTS UNDER FAILED VET FEE-HELP SCHEME TO BE CANCELLED

The Government today will introduce legislation to better support students in Hasluck who were ripped off under Labor’s failed VET FEE-HELP scheme and who were lumped with debts they had no chance of paying off.

“Labor’s VET FEE-HELP scheme was a disastrous policy that exposed students in our community to aggressive and dishonest tactics by a number of training providers,” Mr Wyatt said.

“Under Labor’s VET FEE-HELP loan scheme, the unethical actions of a number of unscrupulous training providers and their agents targeted vulnerable or unsuitable people who were lured - anyway they could be - into signing onto a course,” Minister for Small and Family Business, Skills and Vocational Education said.

“The program saddled them with debt and offered very little in return, sometimes a worthless qualification - if anything at all.”

Labor’s VET FEE-HELP scheme was replaced with the VET Student Loans program, which has weeded-out and shutdown unscrupulous providers, improved completion rates, and restored confidence in the sector.

“We want every Australian parent to know that when their son or daughter chooses Vocational Education and Training they can be confident that they are receiving the highest standard of education.”

Ken Wyatt MP said a VET education is just as important to our economy as a university degree.

 “Our skilled workforce - in building and construction, agriculture, tourism, health and mining services - will also help Australia meet our export potential, and help our small businesses participate in the global supply chain opportunities created by the Liberal National Government’s Free Trade agenda.

“Our Government has also invested $1.5 billion in the Skilling Australians Fund to create 300,000 new apprenticeships and traineeships across the country. This is in addition to the $1.2 billion we invest in skills programs.

The Liberal National Government is committed to a VET system that is delivering quality skills that Australians want – and which employers and industry need – to meet the challenges of the future.

MEDIA CONTACT: Kelly Adams - kelly.adams@aph.gov.au, 9359 0322