(17 Dec 2021) Nearly half of South Korea’s universities could close in the next quarter-century as the country’s population continues to shrink, with regional institutions especially hard-hit, a professor has warned.
Dong-Kyu Lee, professor in disaster management at Dong-A University, said he expected that only 190 out of 385 existing universities would exist in 25 years’ time. Outside Seoul, where Korea’s most prestigious providers are concentrated – just 44 per cent of universities are expected to remain open, compared with 80 per cent in the capital.
Contracting demographics have already forced some universities to close, particularly outside Seoul.
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