Lee Jae-myung Recruits Jeong Se-gyun as Sponsorship Chairman

"Next Presidential Election to Be Conducted as a Clean Election"
Announcement of the 34th Small but Certain Happiness Pledge

[Asia Economy Reporter Jeon Jin-young] Former Prime Minister Chung Sye-kyun will serve as the chairman of the support committee for Lee Jae-myung, the Democratic Party presidential candidate. On the morning of the 28th, Kwon Hyuk-ki, deputy head of public relations for the Democratic Party's election committee, stated in a briefing, "Former Prime Minister Chung is a politician who is highly supported by various sectors with a philosophy of national unity, and is praised for enhancing the advancement of Korean politics with stability and rationality." He added, "Candidate Lee emphasized his determination to conduct this presidential election as a 'clean election' through transparent and clean political fund raising and management together with former Prime Minister Chung." It is known that Lee personally requested former Prime Minister Chung to take on the role of support committee chairman, and Chung readily accepted.

Meanwhile, on the same day, candidate Lee announced the 34th ‘Small but Certain Happiness Pledge’ to allow undergraduate students unrestricted access to the Income Contingent Loan (ICL) system after employment. The pledge includes ▲abolishing restrictions on undergraduate students for ICL ▲expanding loan repayment deferral to spouses, children, parents, and others ▲forgiving principal and interest on loans for low-income students with excellent graduation grades ▲raising the living expenses loan limit to 5 million won. Additionally, the pledge plans to expand eligibility to general graduate students up to the 8th income bracket in the future, and to allow professional graduate students such as law school students to use the ICL. Candidate Lee said, "We will significantly reduce the burden so that students do not have to work part-time or take leaves of absence due to worries about tuition and living expenses, and so that they do not fall into credit caution due to interest burdens." He added, "State-implemented student loans will become a greater hope so that students can focus on their studies and reduce the burden on their parents."

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