The student loan that replaced the $2.2bn losing VET FEE HELP scheme is cleared by the auditor.
The Australian National Audit Office reports design and implementation of the VET Student Loans programme, introduced last year, “was largely effective.”
“The department executed an appropriate design process that considered the impacts of the new program on key stakeholders and was informed by lessons learnt from the former VFH scheme and consultation with stakeholders.”
That the Department of Education and Training has got it right this time only adds to the disgrace of VET FEE HELP, the implementation of which went radically wrong. The ANAO’s report on VET FEE HELP is here.