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Educational Disparity Widens

April 15, 2009

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.

The top 20 percent of households spent a monthly average of 321,253 won ($240.8) on private education of their children.

Click Here for the Full Story (The Korea Herald – Please note that all stories from this site are unfortunately moved to their “members only” area when they are archived)

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