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4 in 10 Middle-aged Adults Support Both Their Children and Parents

4 in 10 Middle-aged Adults Support Both Their Children and Parents

SEOUL, May 28 (Korea Bizwire) – About 4 out of 10 middle-aged South Koreans are burdened with “double care”, where they have to support their single children in adulthood along with their elderly parents. According to a report released by the Korea Institute for Health and Social Affairs, 39.5 percent of the 1,000 middle-aged people [...]

Most Married Women Eye Financial Aid for Children Until College Graduation: Poll

Most Married Women Eye Financial Aid for Children Until College Graduation: Poll

SEOUL, Mar. 22 (Korea Bizwire) — Nearly six in 10 married women in South Korea think they should provide financial support for their offspring until graduation from college, a poll showed Friday. According to the survey of 11,205 married women, 59.2 percent of the respondents said they think it appropriate to financially support their children [...]