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<<I bet a for-profit charter school has as much overhead and bureaucracy as a GOP-approved, for-profit health insurer.


The difference is with public education, you get whatever the government gives you.

With private education, you get what you pay for:

<< every Korean citizen knows where their money is going: private education. Korea has long-prided itself on its educational zeal and achievement nabbing top spots in international math and science competitions. That success, however, comes at a cost. In fact, it sometimes comes at a ruinous cost. The cost of raising a child from birth to graduation from university costs more than 262 million won ($235,000) –higher than the US, Canada, Australia, Japan and Germany. Only in the UK does it cost more.

According to the Chosun Ilbo, Korean parents spend an average of $1,000 per child on education each month. Instead of relying solely on the free public school system, parents often seek extra help for their children in academies and other academic institutions. This arrangement, however, has severe and long-lasting implications. Due to rising education costs, many young Koreans have decided to have only one child or forego the entire childbearing process altogether leaving the Korean government struggling to find incentives to increase Korea’s exceptionally low birthrate.>>
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