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xCustomx
Joined: 06 Jan 2006
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 Posted: Sun Apr 19, 2009 5:14 pm Post subject: 24 million won per month for kindy tuition |
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Check out this story from the Joongang Ilbo:
http://joongangdaily.joins.com/article/view.asp?aid=2903787
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| High demand and expectations, though, lead to bigger fees. High-end English kindergartens including Art-One cost around 24 million won ($18,000) a month, equivalent to the starting salary of a university graduate. |
I can only imagine how much money the owner must be swimming in |
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Goku
Joined: 10 Dec 2008
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| Posted: Sun Apr 19, 2009 5:27 pm Post subject: |
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It's a typo,
They must have aded an extra zero.
Mainly because they said "equivalent to the starting salary of a university graduate."
What kind of uni graduate makes $18,000 a month?
They make $1,800.
Wow what a huge mistake... I should have graduated in Korea. lol |
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Intrepid
Joined: 13 May 2004
Location: Yongin
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| Posted: Sun Apr 19, 2009 5:34 pm Post subject: Salary |
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| I don't believe it either, but starting salary for a uni grad, per year, would be around that much. |
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semi-fly
Joined: 07 Apr 2008
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| Posted: Sun Apr 19, 2009 5:35 pm Post subject: |
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| Goku wrote: |
It's a typo,
They must have aded an extra zero.
Mainly because they said "equivalent to the starting salary of a university graduate."
What kind of uni graduate makes $18,000 a month?
They make $1,800.
Wow what a huge mistake... I should have graduated in Korea. lol |
They could have meant 18,000 per year since it said starting salary and not monthly. |
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Xuanzang
Joined: 10 Apr 2007
Location: Sadang
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| Posted: Sun Apr 19, 2009 5:36 pm Post subject: |
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| Maybe madoka's kids go there... |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Sun Apr 19, 2009 5:38 pm Post subject: |
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| Goku wrote: |
It's a typo,
They must have aded an extra zero.
Mainly because they said "equivalent to the starting salary of a university graduate."
What kind of uni graduate makes $18,000 a month?
They make $1,800.
Wow what a huge mistake... I should have graduated in Korea. lol |
I know the won is low but 24 million won isn't $1800.
They probably meant the $18000 was the starting YEARLY salary of a university graduate |
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SHANE02
Joined: 04 Jun 2003
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| Posted: Sun Apr 19, 2009 5:40 pm Post subject: |
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| yes that's impossible |
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Goku
Joined: 10 Dec 2008
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| Posted: Sun Apr 19, 2009 6:23 pm Post subject: |
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Actually, I first thought the typo was month meant to be year,
When I read $18,000 for a uni grad I thought that was WAY TOO LOW. In the states we typically get anywhere from 28,000-35,000 as a starting salary.
Now that I think about it, the article is talking about Korean uni salary and using $18,000 DOLLARS is comparison by exchange rate...
So yes, probably meant year. |
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Robot_Teacher
Joined: 18 Feb 2009
Location: Robotting Around the World
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| Posted: Sun Apr 19, 2009 7:06 pm Post subject: |
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| Has to be 2.4 million which is about $1800. That's still outragiously expensive, but must be the executive kindergarten. |
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sarbonn
Joined: 14 Oct 2008
Location: Michigan
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| Posted: Sun Apr 19, 2009 9:06 pm Post subject: |
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This is obviously an accelerated program so that the toddler will totally ace the first grade.
I mean, honestly, how much knowledge can one expect a kindergartner to pick up any way? Sometimes, I think they go way too far in their attempt to compete with their peers. But it's their country and their money-- |
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robot
Joined: 07 Mar 2006
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| Posted: Mon Apr 20, 2009 6:38 am Post subject: |
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Of course they mean a uni grad's annual salary.
Further, they probably made a typo: tuition at Art-One is likely $18,000 a year, not per month. Then the next sentence about $6,000/year kindies still being expensive for regular household makes more sense... $6,000 a month would just be ludicrous.
| Quote: |
| High demand and expectations, though, lead to bigger fees. High-end English kindergartens including Art-One cost around 24 million won ($18,000) a month, equivalent to the starting salary of a university graduate. Ordinary English kindergartens charge less than half this sum, which is still expensive for regular households. |
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John_ESL_White
Joined: 12 Nov 2008
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| Posted: Mon Apr 20, 2009 8:35 am Post subject: |
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| robot wrote: |
Of course they mean a uni grad's annual salary.
Further, they probably made a typo: tuition at Art-One is likely $18,000 a year, not per month. Then the next sentence about $6,000/year kindies still being expensive for regular household makes more sense... $6,000 a month would just be ludicrous.
| Quote: |
| High demand and expectations, though, lead to bigger fees. High-end English kindergartens including Art-One cost around 24 million won ($18,000) a month, equivalent to the starting salary of a university graduate. Ordinary English kindergartens charge less than half this sum, which is still expensive for regular households. |
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One of my co-teachers pays 1.2 million/month for her daughters kindy in song-do new city. ludicrous.
But, the chicks who drop the kid off in the evening are very hot and well-mannered.... |
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