South Korea’s education spending hits record high

Seoul, Feb 26 (IANS) South Korea’s monthly spending on private education per child hit a record high in 2015, with seven out of 10 students taking private lessons, official data showed on Friday.

According to the survey by Statistics Korea and the education ministry, 68.8 percent of students across the nation received private tutoring last year, up 0.2 percent from a year earlier, The Korea Herald reported.

The average amount spent was 244,000 won ($197), up 1 percent from the previous year.

However, excluding those not receiving private lessons, the actual amount spent per student rose to 355,000 won.

The survey was based on interviews with 43,000 parents of elementary, middle and high school students enrolled across 1,244 schools nationwide.

By region, Seoul spent the most (338,000 won), followed by Gyeonggi province (265,000 won) and Daejeon (254,000 won).

South Jeolla province invested the least in private education per person (165,000 won) for the second consecutive year.

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