since almost all korean households bear a heavy private education burden and the new administration sees incomedriven 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 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