The release of the second Vocational Education and Training (VET) National Data Asset report has shown VET graduates continue to receive immense benefit from their qualifications with an overall increase on the already impressive results of the previous year.
Titled Pathways to economic mobility and improved equity, the latest release presents data from the 2020–21 cohort across a range of different student types and priority cohorts.
The report shows the median income uplift for VET graduates has increased this financial year with an almost 20 per cent increase to $14,100 and an increase in median employee income to $51,100.
Importantly, these increases in income after training are experienced by VET graduates from priority cohorts including First Nations people, women and people with disability.
The latest data release also includes data on culturally and linguistically diverse graduates for the first time.
Apart from increases in income after training, VET graduates are also increasingly likely to be employed after finishing their VET qualification and less likely to remain on income support one year after completion.
The report reviews national level outcomes for domestic, non-school VET graduates who completed a nationally recognised VET qualification.
Head to the VNDA page to review the data and download your copy.
