SEOUL -- The Bank of Korea on Tuesday called for an overhaul in South Korea's hypercompetitive university entrance exam, linking it to the rapid decline in the country's birth rate and the concentration of people in Seoul.
Bank of Korea urges reform of college admissions to ease burden on families
Children wait for a school bus in Seoul's Gangnam district. Parents with means are flocking to areas with strong educational opportunities, driving up property prices there. (Photo by Kotaro Hosokawa)
SEOUL -- The Bank of Korea on Tuesday called for an overhaul in South Korea's hypercompetitive university entrance exam, linking it to the rapid decline in the country's birth rate and the concentration of people in Seoul.