17.9% of college graduates have experience of postponing their graduation, and a higher percentage of males (20.8%) delayed graduation than females (14.0%).
The ratio of graduation postponement was 31.0% for the top 10 colleges, which is higher than 15.9% for colleges ranked 11 or lower. In terms of academic majors, engineering fields had the highest postponement rate (22.2%).
A U-shaped relationship is observed between parents' income and graduation postponement rate. The graduation postponement rate tends to rise among students of high-income parents, as well as among students of the poor.
The average TOEIC score of those who postponed their graduation is 789 points, 35 points higher than that of general graduates (754 points). In addition, the internship experience rate of those who delayed graduation (17.5%) is also higher than that of general graduates (13.8%).
The rate of being employed in desired organization is 31.3% for graduates with delayed graduation and their average monthly wage is 2.21 million won. These figures are both higher than those of general graduates, by 5.9%p and 260,000 won, respectively. The ratio of irregular workers among those who delayed their graduation is 27.7%, which is 5.7%p lower than that of general graduates. The figures indicate that the employment quality of those who delayed their graduation is better.