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A number of universities have been falsifying graduate employment data to raise funds and attract students, according to a government investigation. The Ministry of Education, Science and Technology announced that 28 universities across the country falsely reported the employment rate for their graduates.

Private and public universities in South Korea have engaged in creative accounting practices resulting in excessive hikes in tuition fees, the state audit agency said. Wrapping up an investigation into 35 randomly chosen universities, including nine public institutions, the Board of Audit and Inspection said the institutions had habitually manipulated their accounting books over the past five years to justify steep rises in tuition expenses.