About one-third the size of Japan, South Korea now outspends its Asian rival by a margin of three to one in English language education, according to unofficial industry estimates.
Due to its largely underground nature, notes Yonhap News, estimates as to the exact size of the South Korean ‘language market’ vary widely, but experts agree that South Koreans spend the equivalent of between $10 billion and $15 billion annually on English language education.
Given an economy of this size, is this likely to be just a fad, or is this the future of Korea?
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