Originally Posted by
Bodie1
One thing I'm interested in, are the students creditors? Quite a bit of their tuition will have been forward paid. I doubt the students will have the capacity to refuse to pay the VET LOAN back to the taxpayer via the government, so the government will keep taking the payments? I seriously doubt that any tuition money will be refunded to the students by the administrator.
Most people seem to not understand the SOAR/BHI partnership. Almost all students studying at Soar were enrolled into a Box Hill diploma course. They are students of Box Hill, not Soar Aviation. Soar is contracted to deliver the training, but at the end of the day, it now rests with Box Hill to find a new way to deliver the training to students.
One thing that's not clear is the structure in which Soar was paid by Box Hill to deliver the training.