It provides an overview of public satisfaction with the education system and schools, and then assesses the level of private and public expenditure on education and discusses issues around access to upper secondary education and tertiary education. Using the results from the 2012 OECD Programme for International Student Assessment (PISA) and other data sources, this chapter also presents indicators on the performance of Korean students to international standardised tests on mathematics, science and reading as well as indicators of equity in learning outcomes and on the transition from school to work in Korea. Since the 1950s education and skills development strategies have played a key role in the economic development of the country.