Advertisement banners for regular and repeating students are posted in the streets of Noryangjin in Dongjak District, southern Seoul, on Wednesday. [NEWS1] Despite decaying demographics, Koreans are spending more on private education and opening more cram schools. There were 109,488 cram schools and private study rooms in the country as of 2022, up 17.4 percent from two years ago, according to the Tax Statistics Information Service. There were 116,681 in the second quarter of this year. Spending on private education rose 34.

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