private education Archives | Be Korea-savvy
Private Education Costs Up 4.4 pct in 2018

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 [...]

S. Korea to Introduce High School Credit System Modeled After Finland and the U.S.

S. Korea to Introduce High School Credit System Modeled After Finland and the U.S.

SEOUL, Feb. 12 (Korea Bizwire) – South Korea plans to introduce a credit system for high schools where students can choose the subjects they want to study, just like at university. High school credit systems are already in place in Finland and the United States, regarded by some as the two most innovative countries in [...]

Rising Expenses on Private Education Despite Low Birth Rate and Declining Government Support

Rising Expenses on Private Education Despite Low Birth Rate and Declining Government Support

SEOUL, Jan. 23 (Korea Bizwire) — According to a report released by Statistics Korea on Tuesday, government support for public education reached 53 trillion won (US$47.2 billion) in 2015, up 2.8 percent from the previous year. The support for public education was targeted to young children aged 6 to 17. However, the support for public [...]

8 out of 10 Elementary Schoolers Receive Private Education: Data

8 out of 10 Elementary Schoolers Receive Private Education: Data

SEJONG, Apr. 2 (Korea Bizwire) — Eight out of 10 primary school students received private education and other extracurricular activities in the past decade, with a majority of their parents feeling the pinch of high education costs, data showed Monday. According to the data compiled by Statistics Korea, 80 percent of the country’s elementary school [...]

Monthly Spending on Private Education Up 33 Pct in 2017 from 10 Years Ago

Monthly Spending on Private Education Up 33 Pct in 2017 from 10 Years Ago

SEOUL, Mar. 19 (Korea Bizwire) — Monthly spending on private education rose 33 percent last year compared with 10 years earlier, a survey showed Saturday, pointing to South Koreans’ zeal for education. Households spent a monthly average of 384,000 won (US$359.38) per child on private tutoring in 2017, up from 288,000 won in 2007, according [...]

Research Shows Family Background Linked to Educational Success

Research Shows Family Background Linked to Educational Success

SEOUL, Aug. 24 (Korea Bizwire) — The Korea Economic Research Institute held a seminar on August 23 regarding social mobility and education, where Professor Lee Joo Ho of the Korea Development Institute presented his findings on the correlation between children’s school grades and a family’s economic, social and cultural standing (ESCS). His research was based [...]

Statistics Show Children’s Education Taking Away Bulk of Disposable Income

Statistics Show Children’s Education Taking Away Bulk of Disposable Income

SEOUL, Jan. 12 (Korea Bizwire) – The cost of private education for children is heavily eroding what little is left of spendable family income, a challenge to government effort to revive the economy through consumption, statistics indicated Thursday.  Official numbers from Statistics Korea said a city-dwelling family of two people or more on average spent [...]