SEOUL, KOREA - A survey said most university presidents are against a scheme to allow preferential admissions to children of potential donors while a sizable number of presidents believe this may help the university's finances and scholarship funds for students from low-income families. For those who think positively about the scheme, the average amount of contribution ranged between 500 million and 1 billion won (US$928,000).
According to a Korea Economic Daily survey conducted before the opening of the Global HR Forum 2014, 58 percent of Korea's university presidents think preferential admissions treatment will have more negative effects than positive. Meanwhile, the share of those who think it positive was 38 percent.
To a question "why are you in favor of the scheme," 50 percent of them answered that the money can be used to pay for scholarship funds for underprivileged students. It was then followed by "university finances can be enhanced by it" (35%) and "taxpayers' burden will be reduced as the government spends less on universities" (15%).
In contrast, those who are against the scheme were based on their opinion on unfairness concerns. Of the answers, 48.6 percent said the contributions would come to a few top universities and all others will be left out in the cold while 42.9 percent answered it would worsen social inequality further. Those who think this is not right educationally were 8.5 percent.
Article provided by The Korea Economic Daily
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