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  1. John from Daejeon
    John from Daejeon March 13, 2013 at 10:07 pm . Reply

    Great post!

    Another reason that is already affecting the industry here is the lack of children being born to replace those than came before them in more and more schools. I guess South Korea doesn’t have very competent actuaries to keep track of such statistics and trends. Here’s an article from 2011 that highlighted the issue of missing older students to fill all the new colleges on the peninsula without mentioning the younger ones and the declining enrollment in the elementary sector.

    I’ve been seeing it first-hand over the last few years, and this new year has been the worst as the kids just are there to replace the departed ones. It doesn’t help that so many ill-prepared people keep on opening new academies because many can see that tuition fees are steeply rising. The miss the fact that the market is quite over-saturated in numerous areas of the country yet this foolhardiness continues unabated. Our school has had two ex-teachers try and new start-up English institutes and both failed miserably and are now deeply in dept. As are many of today’s families as they resort to using credit cards to keep their kids in private hagwons just to keep up with everyone else in the hopes that their kids will end up in either SKY or the IVY league when the odds are stacked against most of them from the get-go. It all seems really insane to me.

  2. KingSejong (@KingSejong)
    KingSejong (@KingSejong) March 14, 2013 at 11:46 am .

    On Academic Ecologies, Career Planning, and Worldbuilding, | http://t.co/MKz2fzg10L: http://t.co/nlexzsnzra

  3. @seouldaddy
    @seouldaddy March 15, 2013 at 6:08 pm .

    “On Academic Ecologies, Career Planning, and Worldbuilding, | http://t.co/jh0n6dm4dIhttp://t.co/nrOT9I0U5S – agree w/premise, not timeline

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