[Mar] New government program to decrease parental burdens and increase birthrate
Mar 22, 2024
President Yoon Suk Yeol speaks d uring a town hall meeting. (Courtesy of the Office of the President)
In 2022, Korean parents spent a staggering 11.9 trillion won on private-sector education for their children, highlighting the importance placed on education in the country. The expenses associated with education are a common concern for parents and couples considering starting a family and appear to be an important factor in the country’s low birth rate. In 2022, K