Skip to content

Private Education Spending Gap Hits Record High

December 17, 2009

The gap in spending on private education has reached an all-time high between the rich and the poor.

The Bank of Korea (BOK) reported Tuesday that household expenditure on education reached 30.6 trillion won from January through September this year, up 2.2 percent from the same period in 2008.  The 2.2 percentage-point increase was the slowest since the central bank began compiling data in 2000.

Additionally, the nation spent $3.24 billion on overseas study and training during the nine-month period, down 16.7 percent from the same period last year.

Click Here for the Full Story (Source: The Korean Times)

Share

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: