South Korean parents spent a total of 20.1 trillion won (US$17.76 billion) last year on private education for their children, down 3.6 percent from a year earlier, according to the report by Statistics Korea.
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Home > Business > Economy
2012/02/17 10:00 KST
S. Korea's private education spending drops in 2011
SEOUL, Feb. 17 (Yonhap) -- South Korea's spending on private education dropped for a second straight year in 2011 as the number of students declined, affected by a chronically low birth rate, a report showed Friday.
South Korean parents spent a total of 20.1 trillion won (US$17.76 billion) last year on private education for their children, down 3.6 percent from a year earlier, according to the report by Statistics Korea.
South Korean parents spent a total of 20.1 trillion won (US$17.76 billion) last year on private education for their children, down 3.6 percent from a year earlier, according to the report by Statistics Korea.
