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Tony Abbott's higher education plan will see profits soar for private education companies

Media Release
Lee Rhiannon 6 Feb 2015

Responding to a new study highlighting the profits private education companies are making as a result of public subsidies, Australian Greens spokesperson for higher education Senator Lee Rhiannon said:

"The opening up of huge amounts of public funding to private, for-profit education companies that was initiated by the Gillard Labor Government has been a disaster for vocational education.

"State Governments were told they would only get access to increased funding if they diverted public resources into the private sector. These reforms have led to significant cuts to our valued TAFE system, massive job losses and increases to student fees.

"The Federal Coalition Government now wants to expand this failed model into the higher education sector - slashing university funding while handing out $500 million in subsidies to private, for-profit higher education companies.

"This plan has already been rejected once by the Senate and looks set to be defeated for a second time.

"The Greens have been successful in establishing a Senate inquiry into private education companies and will investigate a range of options through that process - including limiting access to public subsidies and limiting VET-FEE-HELP for companies that don't meet quality standards.

Link to the new report: http://www.aeufederal.org.au/Tafe/WRCAEU2015.pdf

Contact
Brami Jegan for Senator Rhiannon 0487 350 880

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