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Hankuk University of Foreign Studies Raises Tuition by 5% for the First Time in 17 Years

Hankuk University of Foreign Studies Raises Tuition by 5% for the First Time in 17 Years


Hankuk University of Foreign Studies is raising tuition fees for the first time in 17 years.


On the 20th, Hankuk University of Foreign Studies announced that it held the 2nd Tuition Review Committee meeting and approved a 5.0% increase in undergraduate tuition fees compared to the previous year.


This is the first increase since the 2008 academic year, after 17 years.


The university emphasized at the Tuition Review Committee that "the increased tuition fees will be returned to students through improvements in educational facilities and scholarships."


The trend of raising undergraduate tuition fees at major private universities in Seoul has accelerated since the end of last year. Universities such as Kookmin University (4.97%), Sogang University (4.85%), and Ewha Womans University (3.1%) have approved increases, and Yonsei University and Korea University are also discussing hikes.


The Ministry of Education reiterated its request for universities to freeze tuition fees on the 13th, but each university has shown reluctance, citing high inflation and financial difficulties caused by prolonged freezes.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

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