How VET FEE-HELP debt went from costing taxpayers $325m to $3b
Karen Andrews is the fourth vocational education minister in the past year. Photo: Alex Ellinghausen
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Former Labor treasurer Wayne Swan says no such unit existed when he was deputy to prime ministers Julia Gillard and Kevin Rudd. Photo: Stefan Postles
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Education Minister Simon Birmingham. Photo: Louise Kennerley
The federal government was warned as early as 2012 that unscrupulous providers were rorting the vocational education loans scheme and that there were no safeguards to protect against the abuse of vulnerable students, blowing the scheme out from $325 million to $3 billion in less than three years.
It was not until 2015 that the government took e…
Read the full article at: http://www.esperanceexpress.com.au/story/4048936/how-vet-fee-help-debt-went-from-costing-taxpayers-325m-to-3b/?cs=4092