Phoenix Institute, CTI Hit With Record $438M Penalties for Misleading Students miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The consumer watchdog got a major win in the Federal Court last week when a private college that rorted $210 million in student loans was hit with a record fine.
Another private education provider found deceiving students to maximise profit
About 86 per cent of affected students never logged into their course.
July 4, 2021
The Federal Court found on the 2 July that private education institution Captain Cook College engaged in systemic unconscionable conduct to maximise profit from vulnerable and disadvantaged students, the majority of whom did not complete any part of their course.
Productivity Partners Pty Ltd, trading as Captain Cook College, offered diploma courses subsidised by VET FEE-HELP government loans on campuses in Sydney and Brisbane.
The college recruited students outside Centrelink offices on the false premise that they would be given a free laptop and course that they would not have to repay.