The Minister for Education and Training, Senator Simon Birmingham announced on October 5 that the federal government will shut down the failed VET FEE-HELP scheme.
The scheme, which has been comprehensively rorted by private for-profit providers, will be replaced with a new more tightly regulated and capped loans scheme.
The government will prohibit the use of brokers to recruit students and place greater emphasis on students actually completing courses.
The new Minister for Education and Training, Simon Birmingham announced on October 1 that he has no plans to reintroduce legislation to deregulate university fees this year: the key words in that statement are 鈥渢his year鈥.