Korean Kids Spell Slowdown as Tiger Moms Scrimp for Tutor Fees

Korean Kids Spell Slowdown as Tiger Moms Scrimp for Tutor Fees

SeongJoon Cho/Bloomberg

Job seekers walk through a hallway during a job fair in Busan. About 42 percent of university students in 2011 are “excess supply” that the economy makes little use of, according to Samsung Economic Research Institute in Seoul.