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Student faces $20,000 loss after training school closure

Tuesday, 07 September 2010

Posted by Mozo

A student has revealed that the recent closure of an Australian IT training school has cost him $20,000.

The student from Thomastown, who wanted to be known only as Ash, said that after Excom Education closed its doors and appointed external administrators on August 25th, he had been left with no job prospects and is now dependant on welfare.

Speaking to the Whittlesea Leader, he said: "I paid all my fees upfront on my credit card and I don't have anything … I don't know what I'm going to do.

"Im looking for a job, but I don't have many contacts in the industry so I was relying on Excom and my course."

Ash suggested that he is now looking to compare student finances and juggle his options in order to pay a sum off his debt each week.

According to the Whittlesea Leader, he is "barely surviving" on his $490 fortnightly study allowance, with rental payments taking more than half of that amount each month.

This article is brought to you by Mozo – Helping you compare student financesADNFCR-1761-ID-800055910-ADNFCR

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