I'm sorry if legitimate businesses hedged their entire source of income on this cash cow, but all the long standing small schools that got sunk because they did not, or could not offer vet fee help training won't be sorry to see it go. Nor will the charter companies that got undercut by it either.
We have not hedged our entire source of income on VET FEE HELP. It is not the cash cow that you think it is. Well, not for us it's not. We have continued the traditional training pathways for those who don't want VET FEE HELP access. We are happy to run students through the pro's and cons of both pathways.
We offer courses outside of this scheme, for recreational and PPL's etc. We'll survive this because we're not stupid enough to put all of our eggs in one basket.