Not even a BRW young rich lister can make a profit in the recently reformed vocational education market.
Ryan Trainor, chief executive of registered training organisation Republica Education, has closed the doors of one of his private colleges, Tractor Design School, claiming the federal government’s reforms to the scandal-plagued sector made it impossible to make money.
The serial entrepeneur has sold another two colleges, Mercer School of Interior Design and Beauty EDU – which was co-founded with Rebecca Judd.
Republica’s five colleges received $25,552,769 in VET FEE HELP loans in 2015, but the organi…
Read the full article at: http://www.theage.com.au/victoria/profits-impossible-in-reformed-training-market-says-exiting-entrepreneur-20170324-gv5qfo.html
