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Korea has a problem with ‘academic inflation’ ...

„Korea has a problem with ‘academic inflation’ or over-education. Over 50 percent of university graduates do not get a job within the first year or only jobs much below their formal education level.“

Univ.-Prof. Dr. Günther Schmid, „Youth Unemployment in Korea: From a German and Transitional Labour Market Point of View“ (2013), S. 16