Credit Loan Service

          Today, we discussed credit loan service. We talked about the loan of private lending market, commercial bank and saving bank. According to the National Statistical Office, the average amount of debts is 52,000,000 won. It is increasing and increasing every year. Also, 30% citizens answered that they can’t repay their debt within a redemption period of time. In Korean society, loan service is the big problem to many nation people.

          Most of all, the loan from private lending market is the most serious problem. Taking out a private loan is quite a simple procedure. It is much easier than other loan services from the bank. We know that predatory lending at high rates to people who is in urgent need of money. Also, most of the people who use this private service are very poor. Because of these people’s credit rating, they can’t borrow money from a bank. So they choose this service, buy many of them lastly go through a bankruptcy process. In other words, current credit ranking system is too strict. It is kind of hard and fast rules. A lot of people are compelled to choose the private loan service.

          Therefore, we should solve this matter stage by stage. We need a change for citizen’s better life. The banks simplify loan procedures and allow many more people the chance of borrowing money. Government should support the bank’s system and give various loan benefits. Also, government has to the matter of private loan. They should keep a close eye on the activities of illegal private loan service.

Wedding custom in Korea

Marriage is a huge event for Koreans. But, people dream fancy and glamorous wedding ceremony. So people spend a huge amount of money to prepare this wedding ceremony. Also, they have to seek new house, furniture and etc. So usually they get a burdensome debt to cover this cost. Because of these reasons, the culture of celebrating wedding changed to commercial event in Korea. And I think that this is a problem. The bride and groom pay good money for wedding, and they seek a reward from their guests.

And I believe that marriage’s essential factor is ‘love’, of course. However, Match-marketing service is always increasing and increasing. And users of this service are increasing, too. People seek their spouse using this service. But is it desirable? I don’t think so. In this site, they score client’s spouse grade, such as appearance, earning power, background, etc. And people just seek their partners who have a similar background and salary. In match marketing service, they turn their clients into products. But, we are not a thing, we are human.

To sum up, I don’t want to say that Korean wedding custom is totally wrong. But, the basic factor of marriage has to be ‘love’, not a background or money. And I can understand that people dream fancy wedding ceremony, but they have to find nice wedding ceremony that they can afford. I don’t think that people burden with a heavy debt for preparing marriage. They should fit their wedding plans to suit themselves.

English education in Korea

When I prepared English education presentation, I learned many things from this. Although my major is English, I don’t know a lot of issues about English education before this presentation. It was a chance for me to think this matter carefully. English is always never-ending cycle in Korea. English is not our mother tongue, but the essence of student’s skill is English. Every student, even the kindergarten student is crazy about learning English in Korea. Some people called this situation, ‘English fever in South Korea’.

           I was really shocked about 98% middle schools divide classes by student’s English level. When I was a middle and high school student, I always take English class with my classmates. Our schools are never grouped students by our English level. So I have no experience about putting students in different English classes. Some people insist that this way is not particularly good for students. They say that low-level students will feel a sense of incompatibility and also the atmosphere in this class will be bad. In my book, I think that this way will be more effective. Every student’s English proficiency is totally different. In other words, it is very difficult to teach different levels of students by the one teacher.

           Because of the current president, English education will be changed to ‘NEAT’ from KSAT. And this is the hot debate in Korea until now. NEAT is quite different from KSAT. So, many students and parents start to confuse about variation of English education environment. And I think that this is quite a sudden change. The new English education should be phased in the long-term and do not confuse students.

           In conclusion, we should think this matter deeply and put various reports together about English education. President does not operate English education under his own power. It is the sensitive matter for many students, teachers and parents. We have to find the best way of English education step by step.