According to the report, 176 elementary schools in South Korea failed to admit a new student in the enrollment process, and in terms of numbers, the total fertility rate in South Korea has dropped to 0 in 202181, well below the 2 needed to maintain population stability1。Such fertility levels suggest that South Koreans are reluctant to have children, which means that schools are likely to continue to face student shortages in the coming years.
Not having children is the result, so what is the reason?
In the structure of South Korea's economy, chaebol occupies an extremely important position. Chaebol refers to large family conglomerates, such as Samsung, Hyundai, LG and SK, that play a leading role in South Korea's economic activities. According to 2022 data, South Korea's four major chaebols - Samsung, Hyundai, SK, and LG control 95% of South Korea's wealth, and are spread in every sector of the South Korean economy, with annual revenue accounting for more than half of South Korea's GDP, and Samsung Group alone accounts for about 20%. They own a total of 10 Fortune 500 companies, which can be said to control half of South Korea's economy.
In order to get into college and get a good job in the future, Korean students usually sleep only 4 hours a day, and if they sleep 5 hours, they may fall off the list. This extreme way of learning has become the fate of many Korean students. South Korea's high school education is fully liberalized, and everyone has the opportunity to attend high school, but high schools are divided into public and private. Private high schools usually aim for elite education, with an annual tuition fee of at least 60,000 RMB, and enroll about 4% of the country's students. These schools often use the concept that "getting into a regular university is a shame" and encourage students to strive for admission to a top university.
In such an environment, will people who have no hope of being promoted in the future still have children?
Guess who are the shareholders behind these chaebols? It can only be said that the person standing at the front desk is just a ** person.
Overseas** reported and summarized.