That's why I wrote, "It's the first time."

I saw an interesting article in the Korean economy.

["Korea's No.1" SNU... First time to lose to Singapore]

According to the "2024 World University Rankings" released by The Times Higher Education, a British university evaluation agency, the National University of Singapore (NUS) is ranked 19th, while Seoul National University is ranked 62nd.

If you look at the title, Seoul National University has always been ahead of Singapore National University, but I think it's the first time I've been pushed back.

That's why I wrote, "It's the first time."

No, it's the opposite.

Since 2011, when THE ranked universities, SNU has never surpassed NUS.

The gap is huge, regardless of what I've never crossed.

For the past 15 years, SNU's highest ranking is 44th and lowest ranking is 124th.
What about NUS? Top 19th, bottom 40th.

Comparing the engineering colleges mentioned by Hankyung in addition to the two universities, NTU ranked 32nd and KAIST ranked 87th as of 2024.

Seoul National University is ranked 41st and NUS is ranked 7th in 2024 by QS, another university evaluation agency.

It should be written "SNU, again..." rather than "How come Seoul National University..."

And it's just between us, isn't it weird that the university Jin Jung-kwon and Byun Hee-jae could attend is entering the world's top universities?

Hankyung said the reason why Korean universities are falling behind is because they are "stuck in tuition freeze for 17 years and poor R&D investment."

I wanted to tell you this story because Hankyung chose a ridiculous lie as the title. Tuition.

Singapore, which has kept the basic market principles of autonomy and competition while Korea has been hampered by tuition regulations, has occupied the Asian economic hub and the education hub, a private university president said.

That's great. Hankyung, I lost.

There is also a limit to confronting deterrence with logic and lies with facts... Anyway, let's do a little more.

Singapore also has a national university and a private university.

But all the six universities we're trying to catch up with are national universities.
NUS (National University of Singapore), NTU (Nanyang Technological University), SMU (Singapore College of Business), SUTD (Singapore College of Technology and Design), SUS (Singapore College of Social Sciences), SIT (Singapore College of Technology)
The first four are world-recognized top-class universities.

All the students in Singapore are studying to enter these six national universities.
Private universities are places where students who have not entered these six national universities go.
And most private universities are places where foreign universities build a classroom building in Singapore and teach students.

Singapore university tuition is expensive.
However, the government provides nearly 80 percent of national universities free of charge on the condition that they get a job at a Singapore company for a certain period of time after graduation.
In the case of Singapore, it is supported without even such conditions.
Most of the time, you pay only 20% of the tuition
There are only foreign students who pay 100% of their tuition fees.

Singaporean universities are not highly regarded for following the basic market principles of autonomy and competition, but because the government is responsible for and manages them from start to finish.
Of course, there will be autonomy and competition within the national university.

It is completely different from the autonomy and competition to receive a lot of tuition fees that Hankyung talked about through the mouth of the president of a private university.

In the past, if we wanted to lie like him, we had to bring in foreign cases and copy them, and that worked.
But not now.

There are no places in foreign countries where there are no Koreans, and they can check in real time.
As far as I know, there are about 20,000 Koreans living in Singapore.

If the media tells a lie, they're all caught.