Gangjin's Sunghwa College, Suncheon's Myungshin University "lousy schools", may close this fall.

Last month we learned about corruption and embezzlement at two small post-secondary schools in Jeollanam-do, Sunghwa College and Myungshin University. This month we read in the Korea JoongAng Daily that they're likely to close.

In line with its no-tolerance policy for lousy schools, the Ministry of Education, Science and Technology ordered two universities in South Jeolla to shut down if they don’t make immediate changes the ministry has demanded.

The two schools, Myungshin University and Sunghwa College, are expected to close as both of the schools have been accused of corrupt practices such as giving grades and attendance records to thousands of students who never bothered going to classes, trying to boost their reputations.

“We expect the schools’ closings to be finished by early next year,” said Kim Dae-sung, an official at the Education Ministry.

Myungshin University has until September 27th to repay the embezzled funds, while Sunghwa College's deadline is October 1st.

The Korea Times writes that government subsidies to these 43 "lousy" schools will end "as part of a set of measures to weed out poorly-managed higher education establishments."

The government will also restrict loans for students attending 17 of the 43 schools. Loans to students at the worst four schools — Kundong University in Andong, North Gyeongsang Province; Myungshin University in Suncheon, South Jeolla Province; Holy People University in Cheonan, South Chungcheong Province; and Sunghwa College in Gangjin, South Jeolla Province — will be limited to only 30 percent of tuition fees next year.

At least Sunghwa College has a neat campus.

The Korea JoongAng Daily embedded a list of the 43 "lousy" schools, typed after the jump: