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Education Costs Hit Record High

 
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Tue May 30, 2006 5:26 pm    Post subject: Education Costs Hit Record High Reply with quote

Percentage of education costs in S. Korean households' spending hits record high
The percentage of education costs out of South Korean households' spending hit a record high in the first quarter of the year due to an increase in private education costs, a government report showed Wednesday.

In the January-March period, education costs amounted to 310,000 won (US327.83) out of the households' average monthly spending, or 14.1 percent of the entire 2.2 million won, the National Statistical Office said.
Yonhaps News (May 31, 2006)
http://english.yna.co.kr/Engnews/20060531/440100000020060531100830E5.html
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antoniothegreat



Joined: 28 Aug 2005
Location: Yangpyeong

PostPosted: Tue May 30, 2006 7:27 pm    Post subject: Reply with quote

does the average household really only make 2.2 million won? that can't be right...
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sjrm



Joined: 27 Jul 2005

PostPosted: Tue May 30, 2006 7:42 pm    Post subject: Reply with quote

then again, i wouldn't doubt it being 14 percent of any income. since you gotta figure that the richer the parents, the more hogwans they send the kids to.
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