Funding and financing vocational education and training: Research readings

Description

This book of readings combines the results of a body of research on the funding and financing of vocational education and training (VET) in Australia. Funding arrangements, or how money is distributed, are described in the first section of this book and includes chapters on allocation of funding by state training authorities, the effects of market reform in the VET sector and funding for various disadvantaged groups. Financing, the subject of the second half of the book, refers to how money is raised. In this section the various contributions to costs of VET by government, employers and individuals are discussed, as are various methods whereby funds are attracted to the sector, for example, TAFE fees and charges and various mechanisms designed to increase employer and individual investment.