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In the fast-growing for-profit college sector, which now accounts for more than ten per cent of all students, vocational degrees are the norm.
Increasingly the Commonwealth seized the initiative in spheres such as health and education, particularly in the university and college sector, which underwent unprecedented expansion after 1957.
Tough new rules to protect students from shonky or misleading operators in the private training college sector came into force on Friday.
The opposition leader has announced a Labor government would save $6bn over 10 years from capping government loans for students in the scandal-ridden private college sector.
But while it's the turn of school heads to face a crisis, Igoe thinks the sixth-form college sector could benefit.
But it says he is not precluded from having a voice on general issues and regulations that affect the for-profit college sector.
He has recently compared the for-profit college sector to the subprime mortgage banking industry -- arguing that both grew rapidly based on lending to low-income people with little ability to repay the loans.
In January, the government said it could not introduce a VAT refund scheme for the sixth-form college sector (to mirror the arrangements in place for free school sixth-forms) as the £30m cost was unaffordable.
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But this year, the government took a closer look at trends in higher education, analyzing statistics pertaining to students across different college sectors.
The report notes that because for-profit colleges have a higher rate of two-year graduates, and because students at its schools are not subsidized by taxpayer money, they are the most efficient of all college sectors, even with higher default rates on the money that students borrow from the government.
In an exchange of letters seen by the Guardian, Willetts dismissed fears from the head of University College Union (UCU) that a lack of controls on student recruitment in the private colleges sector would cause budget problems.
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