高昂学费让韩国大学生不堪重负
The Korea Herald: At the turn of the month, Koreans braced for the beginning of another vacation season to cool off from the blazing heat of summer. But that luxury was largely deprived from many college students entrusted with the tall task of earning money to cover sky-high tuition fees before a new semester begins in September.
Data from the Organization of Economic Cooperation and Development showed that the college tuition in Korea was the fourth highest among OCED countries in 2013 in relation to purchasing power.
With over 70 percent of high school graduates going to college, more and more students and their families have been saddled with a large financial burden due to education.
The average college tuition in Korea surged throughout the 2000s with growth peaking at 10 percent in 2006. As a result, most students graduate in debt. Seven out of 10 college graduates have received student loans for an average 14.45 million won (or 87,000yuan), that's according to a survey by a job information portal Saramin.
