Government loses $2.2 billion in student loans to dodgy training providers…..
December 23, 2016
The Federal Government is unlikely to recoup $2.2 billion paid to shonky vocational training providers, according to a new report from the National Audit Office.
The money was loaned as part of the VET FEE-HELP scheme that will be scrapped at the end of this year.
Under the scheme, the Department of Education paid tuition fees directly to training institutions, with the loans owing peaking at $2.9 billion in 2015.
Read more here;
http://mobile.abc.net.au/news/2016-12-20/government-lost-$2.2b-in-loans-to-dodgy-training-providers/8135724?pfmredir=sm
