Four-year universities in South Korea are gearing up to raise tuition fees, going away from the so-called "half-price" tuition policy that encouraged them to freeze the price since 2012. Out of 137 universities that have set the amount of their tuition fees, 19 have decided to raise the expenditure. Keimyung University raised its tuition fee for the first time in 16 years, while Chosun University and Dong-.