Dr. Bryan Maguire:

The State is taking on this responsibility because it is taking on the responsibility of regulating these entities and getting the information around how the entities are performing and operating in a situation, particularly on the international side, where the national reputation is exposed rather than just the individual students or colleges.

There is a public interest in ensuring that there is a fund available. As mentioned, this is the arrangement that has been introduced in our competitor jurisdictions in the Anglosphere, such as Australia and New Zealand.