User:Jinkim28/sandbox

Make notes for improvement in your sandbox. In your sandbox, write a few sentences about what you plan to contribute to the selected article.

The education section of the article for the "Youth Unemployment in South Korea" seems not so informative. South Korea emphasizes education which is why more information on how education and youth unemployment relate seems like a good contribution. In addition, from having such a strong emphasis for education, there is a lot of competitiveness among children that leads to issues in health and fertility which should also have more information about.

Suneung[edit source] Suneung also known as CSAT (College Scholastic Ability Test) is a series of tests taken in South Korea for eight hours in one day. The test is usually taken by students in their senior year of high school, in which students call their last year in high school as "the year of hell".[9] South Korean households hold education as a priority in their cultural value believing good education will lead their children to successful careers and lives.[10] Suneung is held every year in November, and the test is said to determine which university a student will attend affecting students' future employment and wages in the job market.[11] The three universities Korean students aim for are Seoul National University, Korea University, and Yonsei University also known as S.K.Y. These universities provide the connection needed to be employed in government or in family-owned conglomerates (chaebols) that come with employee benefits.[11][10] Before the Suneung begins, Korean parents prepare for years in their children's education by investing thousands of dollars in tutoring and private education. Around 100,000 hagwons (Korean cram/private schools) are in South Korea.[11] In 2010, around 75% of students attended private education.[9] In 2017, over 80% of all Korean students attended cram schools.[11] For students' years in elementary school, middle school, and high school, families will spend roughly $217 USD a month.[10] The private education industry in Korea is estimated to be worth around $20 billion USD.[11][10] From the high costs in private schools, parents have decided to have less children in order for them to have quality education to be invested in.[11]

Although families emphasize a great deal for the education, the employment in South Korea's job market from Korea's conglomerates are not guaranteed.[11][10] In 2016, around 3.34 million degree holders in South Korea have delayed entering the job market in order to seek higher education or find other opportunities of full time employment jobs.[10] According to the OECD, South Korea ranks the highest in population between the age 25-34 years old with tertiary education out of all OECD countries.[12] As a result of the high payments in private education and to test well in Suneung, domestic consumption has dropped for the middle class in Korea[13] causing a strain in the economy.

Mental-Health and Fertility issues[edit source] In South Korea, the number one cause of death for youth between the ages of 10 to 30 years old is suicide.[11] South Korea ranked the highest in suicide rates out all OECD nations along with the highest stress levels between the ages of 11 to 15 years old.[11] From the growing suicide rates and stress levels, the nation has shown to have a continuing increase in hospital beds for mental illness spending around 7.4% of its GDP on health expenditures.[14] as of 2014.[15]

From high suicide rates and the high costs for students education, South Korea's population has resulted in having the lowest fertility rate out of all OECD countries.[11][16] From having such low fertility and a rising aging population, less taxes will be gained by the government in the future which will burden South Korea's welfare system and universal healthcare. As a result of a poorer welfare, the increasing mental-illness issue could be worsened in South Korea causing social issues. In addition, the high costs of education and low fertility in South Korea will further decrease the domestic consumption in its economy which will lead to slower economic growth in the future if the issue is not addressed.[17]