Quiggin cites the case of for-profit and corporate delivery of education and training, which has been a disastrous failure wherever it has been tried. He cites three examples:
- US reports that for-profit universities continue to receive millions of dollars in public funds despite a sustained track record of fraud and failure.
- the growing body of evidence here in Australia of rampant abuse, gouging of fees, unlawful behaviour, accelerating costs and doubling of debt as a result of the market based reforms of Australia's vocational education and training sector, in which corporations and private firms have become major providers of publicly funded vocational education with access to the publicly funded FEE-HELP scheme.
- Growing evidence from Sweden (the poster child of for-profit education) that the sector is now in a state of crises with declining performance and growing inequality.