An article in The Korea Herald today provides some useful detail on the increase in spending on private education in South Korea. Government data showed yesterday that the gap in private education spending between the wealthy and the poor widened last year, raising fears that the economic slump may hit children of low-income families more severely.
According to data by the Bank of Korea and the National Statistical Office, the top 20 percent households in terms of income spent 6.9 times more on private education than the bottom 20 percent in 2008, up from 5.9 times a year earlier. The corresponding figure has continuously risen from 5.3 in 2003, except for the year 2006 with 6.6.
By region, monthly expenditure per student in Seoul was 2.4 times larger than that in smaller towns, or Myeons and Eups, in 2008, up 2.3 times in 2007, the NSO said.
Although the government has been putting ever more emphasis on English education in public schools, spending for private English education rose by the most in terms of subject.
The private education spending for English rose by 11.8 percent, while that of other subjects, like Korean essay writing, fell by 10 percent, the NSO survey showed.
Educational attainment was also a significant factor in deciding the amount of private education spending. Mothers with degrees from graduate schools spent 398,000 won a month on private education in 2008, whereas those with high school degrees spent half of that, or 201,000 won, the survey showed.