Private Universities Willing to Cut Fees with Gov't Support

Private universities in Korea could cut tuition fees by 10 to 15 percent if the government shares the financing of scholarships at individual schools, they said Sunday.

Park Chul, the head of the Association of Private University Presidents, made the proposal in an interview with Seoul-based Yonhap News Agency on Sunday amid a growing political debate and student protests over tuition cuts.

Park said that the council is surveying its member schools about a trade-off between lower tuition fees and government-subsidized scholarships.

The Legislation and Judiciary Committee of Korea's National Assembly are set to address the issue on Monday.