income level Archives | Be Korea-savvy

Students from Poorer Households Less Likely to Attend Prestigious Universities: Study

SEOUL, Nov. 26 (Korea Bizwire) — Parents’ level of education and income level have a significant impact on a child’s college entrance, a study showed Thursday. The Korea Institute of Public Finance released a report that uses the Graduates Occupational Mobility Survey (GOMS) to measure the Global Opportunity Index (GOI) and Relative Index of Inequality [...]

Study Confirms Link Between COVID-19 Fatality Rate and Income

SEOUL, July 10 (Korea Bizwire) — A recent study has revealed that the coronavirus mortality rate varies according to income level. Among COVID-19 patients, the fatality rate of medical care beneficiaries whose medical expenses are supported by the government was found to be about three times higher than for the beneficiaries of employee health insurance. [...]