This report summarises the costs and benefits of studying for a VET qualification. It finds that generally students have an adequate economic incentive to enrol in VET. The best returns were for students who study higher-level qualifications (certificate III upwards), and do so part-time.
The book builds on CEET's review of the economics of vocational education and training for the Australian National Training Authority in 1994. Seven chapters discuss: the overall purpose of the review; changing employment patterns; demand for VET; supply of VET; special supply issues; finance and market issues; and finally, future research, access and equity, and research impact.