There will be a couple of things happen. Flight instructors at these schools will lose their jobs. VET FEE funding allowed the schools that had it to plan ahead, they knew what their cashflow was and could plan accordingly, that included hiring instructors full time not part time or casual.
If you did any research, you will find there are schools with VET FEE courses well below the $92k being quoted. 27% below that in fact. But hey, facts and a good story shall never meet?
The fact that some students never enter the industry, let alone finish their degrees: lawyers, doctors, accountants, engineers, can you think of any of these professions guaranteed jobs?
For supposedly intelligent people you miss quite a few factors in the pilot employment scheme of things. For every pilot that leaves Australia to fill an overseas job (where most of the shortage occurs), a local pilot will be employed, everyone moves up the food chain. Despite the fact that some of the kids doing these courses have no problems moving to Indo, Africa etc for jobs or may have the right to work overseas.
But once again, lets slag someone else in the industry who may have been doing well.
I know one fee-help school that tells prospective students exactly what it's like out there, how tough it is to land your first job, so lump them all into one basket if that rocks your boat.
One thing that is a fact is the spectacular fail of government policy in this area. It blew out to 2. whatever billion because of the useless courses that government allowed onto the scheme, once again blame the good operators brought down by a couple of high profile schonks.
One thing GA can rejoice in, and it's good at this, is the inevitable failure of
some of the schools that used this scheme. Rejoice in the failure of your brothers and sisters, their lost jobs, the lost investment in new and refurbished aircraft, the local hardware that sold 70k of building materials, the extra full time jobs and part time jobs in a struggling small town, the local LAME getting a bit of extra work.
Well done GA
appreciate your support
