Many colleges shut down overnight in Australia

The overnight closure of some Australian colleges in Australia sent jitters to the students of those campuses. The Meridian International School and the International College of Creative Arts, both in Melbourne, and the Meridian International Hotel School and International Design School, with campuses in Melbourne and Sydney, closed on Thursday. They provide tuition in hospitality, design, English, fashion and secondary education. However, the outcome of the sudden closure was not very surprising as several hundred international and local students rallied and protested against this sudden action of the college authorities.

The administrators however stated that it would be unlikely that the company that owned the colleges is in a position to refund students their fee amount or pay anything to the staff members. The Global Campus Management owned about four college campuses in Sydney and nine in Melbourne, all of which are now closed. The act of sudden closure has however left an uncertain future for almost 2,700 international students and about 370 staff members.

Speaking on the issue Voluntary administrators PPB Corporate Recovery stated that it was unlikely that students are going to receive any funds from the organization. Some of the students were only few weeks away from completing their courses. However, keeping in mind their future it is a possibility that these students may be relocated to some other colleges so that they would be able to complete their courses or they could be covered by insurance. "We're working closely with the Commonwealth and state authorities, they have various schemes available. I think they are organizing meetings next week with the students and they will be dealing with them on a one-by-one basis," he said.


As far as the staff’s payments are concerned, the employees would be paid as they are covered by the government’s safety net scheme. Mr. Parbery said, “The administrator had also received inquiries from parties showing interest in buying the collapsed colleges. We actually have got some people that have on the twelfth hour come to the company and want to talk to us. We will have some initial discussions with those parties."

The students, on the other hand, were shocked and shaken by the sudden actions of the company that owned their colleges. Many students talked to the media and told their wailing stories. Vanun Mathun and Prachi Bhanot told the local newspapers that they have each paid the college $7,000 for a summer semester after being pressured by the college managers in the last month. They had no idea whether they would get any money back.

Taking actions on the same, The Australian Education Union (AEU) has called for tougher industry regulations for private training centres. The President of AEU, Angelo Gavrielatos said a new set of tough national standards were needed to reduce the risk of students and teachers being left in limbo in the future. He said, "There is a growing number of private colleges collapsing and it's the students who pay the price. There is no doubt many of these problems are due to the unchecked privatization of this sector”. He called for minimum teaching qualifications for staff, a requirement for providers to demonstrate their financial viability and a proven track record in providing education. The government of Australia, keeping in mind the education standards and the comfort of International students would introduce stricter registration measures for private education providers next year.
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