PRIME: Massive Government Subsidy Seeks to Reshape Higher Education in Korea
In May, Korea announced the recipients of the largest higher education subsidy it’s ever awarded. The PRIME Project will funnel some USD $1.8 billion to 21 higher education institutions. The goal? Increase the number of trained engineers coming out of college, and decrease fine and liberal arts majors. The program will have ripple effects on enrollments, student mobility, and the economy.