Private universities have been in the red for 10 consecutive years. Last year, the deficit exceeded 2 trillion won
Four-year private universities nationwide posted a deficit of more than 2.1 trillion won last year in the wake of a decline in the school-age population and a freeze in tuition fees, the report showed Private universities announced by the Korea Council for University Education on the 20th based on university information disclosure as of the 27th of last month
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