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Some money maybe, but "the money"? Korean and Chinese families are paying 250K per kid in test prep?
by zarkov99 7y ago
Some money maybe, but "the money"? Korean and Chinese families are paying 250K per kid in test prep?
- MattGaiser 7y agoIt wouldn't be 250K USD due to lower incomes, but the average South Korean family spent 20% of their income on test prep and private tutoring back in 2011. Anecdotally, a friend in China is talking about his future with his girlfriend and they are looking at around that figure as well if they have kids. https://www.washingtonpost.com/world/s-korea-tries-to-wrest-control-from-booming-private-tutoring-industry/2011/01/12/AFNXQfXC_story.html https://www.washingtonpost.com/world/s-korea-tries-to-wrest-... http://content.time.com/time/magazine/article/0,9171,2094427,00.html http://content.time.com/time/magazine/article/0,9171,2094427... https://www.scmp.com/news/china/society/article/2176377/chinese-parents-spend-us43500-year-after-school-classes-their https://www.scmp.com/news/china/society/article/2176377/chin...
- zarkov99 7y agoIts a lot more than I expected. Thanks for pointing this out.