More than 4,000 elementary, middle and high schools across Korea have shut their doors as the country’s student population shrinks, new data shows.
According to the Ministry of Education’s latest figures, revealed on Sunday by Rep. Jin Sun-mee of the ruling Democratic Party of Korea, since 1980, 4,008 schools under 17 regional education offices nationwide have closed as of March this year. During the period, the number of enrolled students decreased from 9.9 million to 5.07 million.



I was unfamiliar with Norway’s program so I looked it up…
49 weeks of maternity leave? FUCK YEAH!
$160/month (USD equivalent) for kids under 6? Not nearly enough! That is of negligibe impact and doesn’t come close to offsetting the costs of raising a child.
My two takeaways from this, learning about Norway’s programs:
Also, “when everyone gets a subsidy, no one gets a subsidy” (my own saying). It seems inevitable that daycare costs would increase by the subsidy amount in order to capture it as profit. Basically, long-term subsidies like that ultimately fail because of basic economics. They can work fine in the short term, though.
I still stand by what I said: Having kids makes you less economically stable and until we fix that, fertility rates will continue to decline.
Seems like the biggest thing that needs to be fixed though is housing costs.