Interest in learning English is so pervasive in South Korea these days that official government statistics can hardly capture the scope of the activity. An article entitled “The English Frenzy in Korea” recently appeared on the KBS website. With regard to the size of the English education market in South Korea, the article suggests that ”The scope of the English-language education market in Korea reaches 4-5 trillion won annually, including private institutes, textbooks and overseas language programs. The Ministry of Education and Human Resources Development estimates the official number of English-language private institutes nationwide to surpass 3,000. But people in the private education industry say the actual number of private English institutes nationwide is at least 10,000, with their profits exceeding 2 trillion won a year.”
The article also noted that “The amount of private tutoring costs paid by students for overseas language courses or for studying TOEFL and TOEIC in order to find a job is enormous as well. After polling 2,348 college seniors, the School of Education of Ewha Women’s University found that each of the respondents spent 12.61 million won over four years on average on private education in order to find a job. Of that, 11.94 million won was spent on studying English.”