Korea's birthrate could have been 28% higher without private education competition
A study has confirmed that Korea's fierce competition over private education is one of the factors contributing to the country's low birthrate. The study found that parents tend to increase spending on private education as they compare their children's academic achievements with those of other families. The resulting financial burden, in turn, discourages families from having additional children.…
A recent study has revealed that Korea's intense competition in private education may have contributed to the country's low birthrate. The research found that parents often increase their spending on private education as they compare their children's academic performance with that of their peers. This financial strain discourages families from having additional children, leading to a significant impact on the average number of children per woman.
The study, presented at a conference on population aging, estimated that without the effects of this competition, the average number of children per woman could have been about 0.53 higher than the actual figure.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
