Downfall of VET

The recent changes to funding rates have caused consternation in more than one TAFE and RTO in Victoria.

The new rates pose real problems for business models. One can only imagine what goes on behind closed doors.  To cut courses, close campuses, raise fees, move courses online; all options are under consideration.
The cut to the funding rates make it difficult to respond, because cutting staff doesn't solve the problem unless the remaining staff work much harder.  Raising fees is possible, but difficult to sell to a public which has enjoyed highly subsidised training.