Jung Byung-soo was inaugurated as the new Chief Executive Officer (CEO) of the Educational Foundation of Yonsei Univ. in August. The most essential job of the Educational Foundation is assisting the board of directors. It also creates profit by managing the Yonsei Building and businesses like Yonsei University Milk to make sure that there are no financial inconveniences in the research of professors and students. "I will concentrate on adding profitable businesses to provide extra funds to support the president and reduce the students' burden from the high tuition. If reducing the tuition would turn out to be infeasible, we will try to provide benefits that could offset the high tuition," says Jung.