Alternative mechanisms to encourage individual contributions to VET

Haukka, Sandra, Keating, Jack, & Lamb, Stephen (2004) Alternative mechanisms to encourage individual contributions to VET. National Centre for Vocational Education Research.

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The financing of vocational education and training (VET) has become increasingly challenging over recent years and is likely to become even more so as Australia moves towards a mass system of tertiary education—that is, higher education and vocational education and training. Building such a system is expensive and some have argued that it requires public funding to be supplemented on a significant scale from private sources (Barr 2001). Growth in education expenditure by governments is likely to be constrained by upward pressure on health and welfare expenditures caused by the ageing population (Aungles, Karmel & Wu 2000). Many countries facing similar challenges have introduced or considered mechanisms that involve government, employers and individuals sharing the responsibility for the increasing resources required to fund lifelong learning. This study identifies, describes and evaluates the range of mechanisms that attract individual investment in vocational education and training and other post-compulsory education in Australia and overseas.

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ID Code: 18108
Item Type: Report
Refereed: No
Additional Information: The contents of this report can be freely accessed online via the organisation's web page (see hypertext link).
Additional URLs:
Keywords: Vocational education and training, Individual learning accounts, Financing VET
ISBN: 1920896244
Copyright Owner: Copyright 2004 National Centre for Vocational Education Research
Copyright Statement: This work has been produced by the National Centre for Vocational Education Research (NCVER)with the assistance of funding provided by the Australian National Training Authority (ANTA). It is published by NCVER under licence from ANTA. Apart from any use permitted under the
Copyright Act 1968, no part of this publication may be reported by any process without the written permission of NCVER. Requests should be made in writing to NCVER.
Deposited On: 19 Feb 2009 04:05
Last Modified: 10 Aug 2011 15:25

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