Sidae Injae "We Agree with the Ministry of Education's Policy Direction... Will Make Efforts to Self-Purify"

Sidaeinjae Under Tax Investigation States Position
Government Accepts Policy to Dismantle Private Education Cartel

The large academy Sidae Injae, which underwent tax audits and unfair trade investigations due to the government's crackdown on the 'private education cartel,' has expressed its intention to comply with the government's policy direction.

Sidae Injae, a large entrance exam academy in Daechi-dong, stated in a press release on the 27th, "We humbly accept the concerns and criticisms of our society regarding private education expenses such as textbook fees and feel a very heavy responsibility. We deeply sympathize with the Ministry of Education's policy direction to make the College Scholastic Ability Test (CSAT) fairer and are making strenuous efforts internally to find improvement measures aligned with that direction."

It added, "As a start, Sidae Injae has begun efforts to reduce private education expenses such as textbook fees and will participate more actively in the future. We will establish legal and institutional inspection measures for the academy's internal operations and employees to prevent moral hazard."

[Image source=Yonhap News]

It also said, "Going forward, in line with the Ministry of Education's policy, we will teach effectively within the public education curriculum, fulfill our duties to students and parents, and all employees will unite as one to strive for self-purification."

Earlier, the Ministry of Education has been operating a focused reporting period on irregularities in academies, such as false and exaggerated advertisements, targeting the 'interest cartel' of private education. The National Tax Service has launched tax-related investigations targeting large entrance exam academies such as Megastudy, Sidae Injae, Jongno Academy, and Uway.

This content was produced with the assistance of AI translation services.