Inappropriately incurred debts under failed VET FEE-HELP scheme

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The Liberal Government recently introduced legislation to better support students in Pearce 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,” Federal Member for Pearce, Christian Porter, said.

“Labor’s VET FEE-HELP loan scheme allowed a number of unscrupulous training providers and their agents to target vulnerable or unsuitable people and lure them into signing onto a course.

“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,” Mr Porter said.

“A VET education is just as important to our economy as a university degree.

“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 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.