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Private Education Expenses Hit Record High in 2021 amid COVID-19 Restrictions in School Classes

Private Education Expenses Hit Record High in 2021 amid COVID-19 Restrictions in School Classes

SEOUL, March 11 (Korea Bizwire) — Spending on private after-school classes hit a record high of 23.4 trillion won (US$18.9 billion) last year amid the prolonged COVID-19 pandemic that restricted in-person school education, according to a survey released by the education ministry Friday. The 2021 expenditures, based on a survey of some 74,000 elementary to [...]

Students’ Private Education Spending Surges to 10-year High in 2019

Students’ Private Education Spending Surges to 10-year High in 2019

SEOUL, March 10 (Korea Bizwire) — Young South Korean students’ spending on private education spiked to a 10-year high in 2019, data from the Ministry of Education and Statistics Korea showed Tuesday, reflecting undiminished parental enthusiasm for their children’s academic achievements. Elementary, middle and high school students spent 20.99 trillion won (US$17.6 billion) on private [...]

98 pct of Parents in S. Korea Have Children Receive Private Education

98 pct of Parents in S. Korea Have Children Receive Private Education

SEOUL, Jan. 26 (Korea Bizwire) — About 98 percent of parents have their children receive after-school education, including from private tutors and cram schools, a survey showed Sunday. The survey about education last year, conducted by the state-run Korean Educational Development Institute, covered 4,000 men and women aged 18 to 73 in August and September. [...]

Seoulites Debate Shutting Down Hagwons on Sundays

Seoulites Debate Shutting Down Hagwons on Sundays

SEOUL, Nov. 27 (Korea Bizwire) — Starting next year, ‘hagwons’ or private educational institutes in Seoul may be obligated to close on Sundays. The Committee to Encourage Public Debate on Hagwon Day-Offs on Sundays, comprised of students, parents, teachers, and local residents, recommended on Tuesday that the Seoul Metropolitan Office of Education (SMOE) implement the [...]

Gov’t to Strengthen Crackdown on Irregularities in Private Education

Gov’t to Strengthen Crackdown on Irregularities in Private Education

SEOUL, Nov. 8 (Korea Bizwire) — The education ministry said Friday it will conduct a special crackdown on alleged irregularities in the private education sector, including high-priced consulting services tailored for college admission. The move is part of the government’s pre-emptive measures to tackle potential rises in expensive private tutoring services as the government has [...]