Vocational education and training (VET) is much more important to young people than might be immediately apparent. This paper focuses on how young people participate in vocational education and training, what they study and their outcomes. Of particular note is the importance of VET for those young people who do not proceed on the conventional academic path of 12 years of school followed by university.
Using wage data from the Student Outcomes Survey, this study examines whether there is a pay off to actually completing a vocational education and training (VET) qualification, noting that many VET students do not complete full qualifications.