Thousands of students will be left in limbo next year after a private Sydney college had its registration cancelled by the federal government.
The Australian Institute of Professional Education, owned by a former Royal North Shore hospital doctor, a real estate mogul and an award-winning CEO, had its registration cancelled on Tuesday after an investigation from the Australian Skills Quality Authority.
Up to 8000 students have been enrolled in class-based and online courses in business and marketing at the 11-floor campus in the Sydney CBD, one of the largest private colleges in the country .
AIPE cost taxpayers more than $1 million per graduate last year.( AMAZING!)
It handed out 117 diplomas for $110 million in Commonwealth funding, receiving $10 million more than the Federal Government's entire anti-domestic violence initiative.
The decision comes after a SMH, Age investigation in December revealed the college had signed up students from some of the state's poorest areas to tens of thousands of dollars worth of debt. ASQA found that some of these had been signed up without their knowledge.
This continuing disaster is a disgrace and a scandal the current Federal Government has to be held to account for!