[1/3] South Korean students wait to take the annual College Scholastic Ability Test at a school on November 16, 2023 in Seoul, South Korea.
Chung Sung-Jun/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - Half a million South Koreans sat for the annual nationwide college entrance exam on Thursday, the first time in four years that the exam, often considered life-defining in the highly competitive society, has taken place free of pandemic rules.
The annual exam is widely considered one of the most important tests in the country.
South Korean financial markets opened an hour later than usual at 10 a.m. (0100 GMT) to ease traffic.
South Koreans spent a record 26 trillion won ($19.97 billion) on private education last year, despite a declining student population, a government report showed.
Persons:
Chung Sung, Kim Mi, Yoon Suk Yeol, Daewung Kim, Jimin Jung, Soo, hyang Choi, Gerry Doyle
Organizations:
College Scholastic, REUTERS Acquire, Rights, Thomson
Locations:
Seoul, South Korea, Rights SEOUL, Korean