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Ways to improve government subsidy policies for higher educational institutions to enhance the employment rate of their graduates

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Frame of Image idy Policies for Higher Educational Institutions to Enhance the Employment Rate of Their Graduates Kye Woo Lee, KDI School of Public Policy and Management Miyeon Chung, Hyupsung University “As high rates of youth unemployment have been a prominent social issue, the government should seek to alter fiscal subsidy policies for higher educational institutions in such a way that increases the employment prospects of university graduates, and should also place a greater focus on performance indicators, which affect the employment rates, such as the level of scholarship benefits, the studentfaculty ratio, and education spending per student.” Ⅰ. Unemployment Crisis among University Graduates and the Necessity of Government Subsidies The job crisis for Korean university graduates continues to worsen with each passing year. According to the Information Service of Higher Education in Korea, the employment rate for fouryear university graduates stood at 54 percent in 2014, continuing a years-long downward trend.1) Growing unemployment among university graduates is partly attributable to labor market * This is the translated version of KDI FOCUS released on February 2, 2015. * This study refers to Kye Woo Lee and Miyeon Chung (2015), Enhancing the Link between Higher Education and Employment, pp.19–27, International Journal of Educational Development Issue No. 40. 1) Information Service of Higher Education in Korea (Alrimi Database) at academyinfo.go.kr as of December 15, 2014. KDI FOCUS


Full Text
Title Ways to improve government subsidy policies for higher educational institutions to enhance the employment rate of their graduates
Similar Titles
Material Type Reports
Author(English)

Lee, Kye Woo; Chung, Miyeon

Publisher

[Sejong] : Korea Development Institute
Date 2015
Series Title; No KDI Focus
Pages 10
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Social Development < Employment
Government and Law < Public Administration
Holding KDI; KDI School
License