This phenomenological study aimed to uncover the meanings of the lived experiences of the faculty and parents in higher education institution towards the implementation of K-12 curriculum. A focus group discussion (FGD) was utilized in collecting the pertinent information. Thematic analysis was also conducted. Results showed that the faculty conceptualized the K-12 as a curriculum that would place Philippine education at par with global standards, and a curriculum that would call for continuous faculty development and upgrading. Further, the parents also believed that the new curriculum would dramatically develop to provide expedient means for student preparation and learning for life, exciting and academically challenging, financially demanding curriculum and would call for deeper parental involvement. The participant reflected that K-2 was a boon to Philippine education. It was a curriculum that would enable schools to produce competitive and quality graduates; improve faculty standards; strengthen professional development; implement stricter student engagement; require more training of teachers; and reflect on students’ career choices and cost of education.