Rapidly rising salaries for professors are one of the main contributors to high college tuition. This has turned into a major political issue and sparked daily protests in Seoul, reports JoongAng Daily.
Unlike in the West, professors in Korea continue getting raises as a function of seniority, with little notice taken of the research they publish or how well they teach.
The JoongAng Ilbo recently studied salaries of professors at 215 four-year universities from 2007 to 2010 and found the average annual salary for full professors exceeds 100 million won (US$92,569) in 44 private universities.
During the four year period, tuition at those 44 universities rose 9%, from an average of 7.28 million won to KRW7.95 million while full professors' salaries rose 16%, from an average of KRW93.97 million to KRW108.34 million.
According to 2009 statistics, salaries for teachers and other staff are the largest budget items for universities, accounting for 53%.
Full report on the JoongAng Daily site
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