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Friday, September 26, 2003
Online colleges fighting to survive - Choe Yong-shik , Korea Herald
Once hailed as a promising alternative module for continuing education, Web-based college education in Korea is fighting to stay alive with dwindling enrollment rates and a saturated market, government data showed. According to relevant statistics tabulated by the Ministry of Education and Human Resources, 10,987 students enrolled at Korea's 16 virtual colleges in the spring semester of this year, only to fill a marginal 46 percent of the given quota.... Cited as the biggest impediment preventing the fledgling online college system from fulfilling its potential is the fact that the market is just too saturated when it is also still in its formative stage.
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