Yep, my friends in Korea say it's the same same as to the Hagwons in Korea, ie, the proprietary schools that offer classes after school weekdays and almost 24 hours a day weekends (!). There are some good ones, as in the institutional ones, but the vast majority of hagwons that are privately owned by some jerk continue to be awful and to be avoided.
The government is folding its native teacher in the classroom program in the government schools, or drasticly reducing it.
As to universities, I'm advised that the same remains true today as it did when I was in Korea, ie, that the universities are the best deal and usually are very good deals by any standard. I'll have to check this aspect out. A farang with a Ph.D is worth his weight in gold in getting a uny job in Korea; a master degree gets the red carpet rolled out. My M.A. would position me well in Korea.
I hope this updated info about Korea from some friends I've continued contact with from my long since time in Korea is as helpful to you as it suddenly is to me.
When I taught in the government schools program in Korea in the late 90s, when it was initiated, my (assigned) roommate taught at an all boys high school for a year then used his Ph.D. to get a faculty position teaching English at an all womens university. I taught high school for two years then came to Thailand to get swindled by Chulalongkorn University (where, incidentally, only 50% of the faculty have doctoral degrees.).
Thailand's had its ups and downs and, after 10 consecutive years here, I've had my bags half packed for a couple of months now. A uny in Korea, where education (traditional Confucian as it is) is everything, sounds good, really good. (And to think, many, many moons ago I left Korea to come to Thailand to join a university faculty and met with a complete swindle...never heard of a farang getting swindled by a university in Korea.)