Since almost all Korean households bear a heavy private education burden and the new administration sees income-driven growth as one of the national growth strategies, education policy makers are making a variety of efforts to reduce the private education burden. They are trying to protect a certain level of disposable income by reducing the private education expenditures of households from 2017. Unlike other OECD countries, in Korea, the central government - the Ministry of Education - is responsible for financing education. Education experts and associated institutions are firmly against a shift from the current centralisation to the decentralisation of education financing. In order to set up a stable funding plan, fiscal decentralisation on education financing should be redesigned, as in other OECD countries.