Park Hong-geun, the Minister of the Office for Government Policy Coordination, stated that the goal of reforming education grants is to "ensure the stability of education finance and promote balanced growth in South Korean education," adding that he will seek solutions through communication with the education sector.
On July 8, Minister Park made these remarks during a discussion on the reform of local education finance grants for future generations held at the Government Seoul Building.
The discussion was organized by the Office for Government Policy Coordination and the Ministry of Education to assess the current state of the local education finance grant system and discuss the need for reform.
Kim Hak-soo, a senior researcher at the Korea Development Institute (KDI), emphasized the need to restructure the current education finance calculation method to allow for rational and flexible resource allocation based on policy environments and goals.
Lee Seon-ho, head of the Korea Educational Development Institute, suggested that the education system's goals in an era of population decline should be clearly defined, and that sustainable education finance reform should support the resulting educational demands.
Minister Park stated, "We will communicate with the education sector and relevant ministries to find answers based on principles such as the continuous expansion of total grants and per-student grants in response to future educational demands, alleviating financial instability due to fluctuations in domestic tax revenue, balanced investment in early childhood, higher education, and lifelong education, and reflecting changes in the school-age population."
The Office for Government Policy Coordination and the Ministry of Education plan to continue discussions with the education field based on the outcomes of this meeting to prepare a reform plan for local education finance grants.
On July 8, Minister Park made these remarks during a discussion on the reform of local education finance grants for future generations held at the Government Seoul Building.
The discussion was organized by the Office for Government Policy Coordination and the Ministry of Education to assess the current state of the local education finance grant system and discuss the need for reform.
Kim Hak-soo, a senior researcher at the Korea Development Institute (KDI), emphasized the need to restructure the current education finance calculation method to allow for rational and flexible resource allocation based on policy environments and goals.
Lee Seon-ho, head of the Korea Educational Development Institute, suggested that the education system's goals in an era of population decline should be clearly defined, and that sustainable education finance reform should support the resulting educational demands.
Minister Park stated, "We will communicate with the education sector and relevant ministries to find answers based on principles such as the continuous expansion of total grants and per-student grants in response to future educational demands, alleviating financial instability due to fluctuations in domestic tax revenue, balanced investment in early childhood, higher education, and lifelong education, and reflecting changes in the school-age population."
The Office for Government Policy Coordination and the Ministry of Education plan to continue discussions with the education field based on the outcomes of this meeting to prepare a reform plan for local education finance grants.
* This article has been translated by AI.
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