Gov't, ruling party agree to spend 1.5 tln won for tuition support
Sept 8, 2011
The government and the ruling party agreed Thursday to set aside 1.5 trillion won (US$1.3 billion) in next year's budget to help curb soaring college tuitions, party officials said. The agreement came at a meeting among the Grand National Party(GNP) and the finance and education ministries. The money will be used to set up "national scholarships," provide subsidies for students from lower-income...