Record-high spending on private education
![The total expenses spent on private education jumped 4.5 percent year on year in 2023 to post a record-high figure of 27.1 trillion won ($20.6 billion), according to a survey from Statistics Korea and the Ministry of Education on Thursday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/03/14/ec025383-91c6-4e14-99bc-54b4d7996f29.jpg)
The total expenses spent on private education jumped 4.5 percent year on year in 2023 to post a record-high figure of 27.1 trillion won ($20.6 billion), according to a survey from Statistics Korea and the Ministry of Education on Thursday. [YONHAP]
The total expenses spent on private education jumped 4.5 percent year on year in 2023 to post a record-high figure of 27.1 trillion won ($20.6 billion), according to a survey from Statistics Korea and the Ministry of Education on Thursday. Pictured above is a list of private education classes and prices, posted at the entrance of a hagwon (cram school) in Daechi-dong of Gangnam District, southern Seoul, on Thursday.
with the Korea JoongAng Daily
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