education costs Archives | Be Korea-savvy

Private Education Costs Up 4.4 pct in 2018

SEJONG, Mar. 12 (Korea Bizwire) — South Korea’s total spending on private education for children came to about 19.5 trillion won (US$17.2 billion) in 2018, up 4.4 percent from a year earlier, government data showed Tuesday. The data compiled by Statistics Korea showed that 72.8 percent of 5.58 million students across the country received private [...]

Private Education Costs Exceeded 40 tln Won Last Year

SEOUL, Apr. 15 (Korea Bizwire) — Total household spending on private education for children exceeded 40 trillion won (US$37 billion) last year despite the country’s declining birth rate, the central bank said Saturday. South Korean households spent a total of 40.94 trillion won on private education in 2017, up 2.8 percent from 39.84 trillion won [...]