Korean parents are well known for their enthusiasm for their children’s education, which usually entails a heavy financial burden.
Despite governmental efforts to boost spending on public education, Korea has been top ranked at private education spender for 14th consecutive years.

According to the report by Organization for Economic Co-operation and Development, 37.2 percent of the funding for educational institutes came from the private sector, which was the highest of all OECD countries and more than double the OECD average of 16.1 percent. This results from the fact that the government is not as responsible for public education as other member states of the group of advanced nations. The Korean government accounts for 62.8 percent of the total public education spending, far below the 83.9 percent OECD average.