fbpx
Market intelligence for international student recruitment from ICEF
2nd Dec 2011

Dramatic changes ahead for Korean universities

After a period of impressive expansion, it now appears that South Korea will soon reach a point where it has many more university spaces than it needs. South Korea's education minister is now forecasting that student enrolment at Korean universities will fall by 40 percent over the next 12 years, with the number of high-school graduates dropping from 670,000 in 2012 to 410,000 in 2024. As early as 2016, there will already be more university places than students, owing largely to the fact that South Korea boasts one of the world's highest university enrolment rates but also one of the world lowest birthrates, and this is expected to trigger a round of downsizing in the country's higher education system. "We estimate that by 2040 around 100 universities will have to close," says Yu Hyunsook, director general of the Korean Educational Development Institute. Source: Chronicle for Higher Education

Most Recent

  • Canada: Ontario’s cap implementation plan allocates nearly all study permit applications to public colleges and universities Read More
  • New Zealand’s international enrolment continued to recover in 2023 Read More
  • Irish ELT sector continues to exceed pre-pandemic levels of business Read More

Most Popular

  • Canada’s foreign enrolment grew by more than 30% in 2022 Read More
  • Measuring cost of study and cost of living across study destinations Read More
  • Recruiting in the Emirates: Big goals, world-class education, and new scholarships Read More

Because you found this article interesting

Japanese universities to raise international student fees International students will now find it more expensive to study at many national universities in Japan. International students...
Read more
Market snapshot: A guide to international student recruitment in Vietnam FAST FACTS Capital: Hanoi Population: 99,200 million (2024) Youth population: 17% of the population is aged 17–25 Median...
Read more
South Korea announces results of annual evaluation of universities and colleges’ international programmes On 8 February 2024, the Korean government announced the results of its annual evaluation of colleges and universities’...
Read more
Malaysia opens new post-study visa option for degree graduates Effective 1 December 2023, Malaysia introduced a package of new visa settings designed to make it easier for...
Read more
Demand for study abroad rising in China but students considering more destinations in 2024 The shape of Chinese outbound student mobility has been changing for years and is different again in 2024....
Read more
Southeast Asian students increasingly considering “studying abroad” closer to home For many schools, colleges, and universities, Southeast Asia is an increasingly crucial source of students given that (1)...
Read more
Taiwan adds expanded post-study work rights to its international recruitment strategy Last year, Taiwan announced that it was ramping up its international recruitment target with a goal to attract...
Read more
What matters most to Chinese students considering studying in the UK? A new report from UCAS/Pearson, Global insights: What are the experiences of Chinese students in the UK?, provides...
Read more
What are you looking for?
Quick Links