[News Focus] Students, parents pin hopes on fee cuts
Social affairsJun 9, 2011
Number of student defaulters swells eightfold in 5 years to top 35,000 as of AprilWhen he returned home from military service, Chung Jae-young, then 22, found out that his father had failed in business and the family was bankrupt. After giving up on going back to school, he did everything he could to feed the family. But what dragged him down the most, he said, was a student loan of 10 million won