new VET Students Loans a win-win for students and taxpayers.A supplementary Vocational Education and Training (VET) Student Loans program introduces caps from January 2017 considering more stringent criteria to be a provider, and bans brokers. It will be agreed interesting to look how the caps, connected
tae next actual costs,
tae will be certain and what evidence will underpin decision making.This one program will not, compensation integrity to the vocational education sector.Perhaps the, need for providers to go through a rigorous application process and extensive monitoring and evaluation to ensure they are delivering education that students and employers value and that taxpayers are in accord to continue supporting, indicates that current standards for Registered Training Organisations are not fine enough. If this is the stroke after that a 21st Century VET investment scheme is needed that is based on economic, industry and regional priorities, identifying indispensable job roles, capabilities and associates to National Training Packages. There should be
tae flexibility to invest in non-accredited training and workforce improvement actions that augment productivity, achievement
cert iv tae and global opportunities.