Education for All: Expansion of Opportunity

How are opportunities expanded through education? In 1971, Korea adopted the Education Grant Act, which automatically linked a certain percentage of national tax revenue to the education budget. To enhance educational equality between regions and to secure a stable education budget, the central government provided most of the funding for elementary and secondary schooling by linking the education resources to the internal tax revenue. The rate has increased from 12.98% in 1971 to 13% in 2000 and 20.27% in 2010.

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