Lee graduated from Chung-Ang University (중앙대학교; literally Central University) after 9 years of studies, while Ivy from Dongduk Women’s University after 7 years.
Lee is a veteran singer and actress; she was already quite famous when she enrolled into CAU in 1999. Ivy is relatively new but was arguably the most outstanding Korean female pop star in 2007.
Ivy’s graduation… shiny shoes and expensive bag
Koreans in general give high priority to education; lots of Korean artists took their studies seriously as well despite their hectic schedule, and most of them obviously took a longer period to graduate.
Other big names that have high level education include pop star Lee Hyori; actress Lee Young-ae, Kim Tae-hee, Ha Ji-won; actors Lee Byung-hun and Kim Jeong-hoon etc.
[Update] Actor Yoo Ji-tae was graduating on Feb 22 too… his achievement is more remarkable than the above two as he has obtained his master’s degree instead of bachelor’s degree.