South Korea’s population is declining after peaking at 51.75 million in 2024. With rapid aging, nearly half the population will be 65 or older by 2072, posing major challenges for the economy, labor, and welfare.

Despite a declining student population, private education expenses in South Korea continue to rise. In 2024, total spending reached 29.2 trillion KRW, up 7.7% from the previous year. This growth highlights parents' increasing reliance on private education.