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Students Respond to the Possible Closing of Myongji University
Myongji University, Social Sciences Campus (mju.ac.kr)

With Myongji University on the verge of shutting down, students, as well as entering freshmen, have been voicing their concerns over the impending closure of the university. Myongji Educational Foundation, the private educational foundation of Myongji University, is currently facing potential bankruptcy due to controversy over renting an illegal real estate project back in 2004. In 2013, the court ordered Myongji Educational Foundation to reimburse ₩19.2 billion to its renters, but it failed to do so. The foundation soon applied for rehabilitation; however, on February 8th, 2022, the Seoul Rehabilitation Court decided to put a stop to the rehabilitation process, putting not only Myongji University but also four other schools that are part of the foundation at risk of closing. Students’ response to the situation has been negative; many have criticized the school’s lack of preparation despite the prolonged financial crisis. According to an interview with Seoul Economic Daily, Choi Jeong-hyun, the Student Council President of the Natural Sciences Campus, expressed his dissatisfaction by claiming that although “the foundation should be to blame, it is the students that have to take on the burden of the situation.” On the other hand, at a press conference held on February 17th, the General Student Council urged the foundation to “initiate practical measures to revive the school.”

김재희  serenwogml@g.skku.edu

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