{"id":10637,"date":"2009-01-11T02:02:27","date_gmt":"2009-01-11T02:02:27","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/global_financial_crisis_upends_the_plans_of_many_south_koreans_to_study_abr\/"},"modified":"2009-01-11T02:02:27","modified_gmt":"2009-01-11T02:02:27","slug":"global_financial_crisis_upends_the_plans_of_many_south_koreans_to_study_abr","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=10637","title":{"rendered":"Global Financial Crisis Upends the Plans of Many South Koreans to Study Abroad"},"content":{"rendered":"<p>Seo Ji-won was supposed to have been in Sydney, Australia, by now, pursuing her dream of a doctoral degree and higher-paying jobs. Instead, the 26-year-old South Korean engineering graduate remains home in Seoul, working part time at a coffee shop, largely because of forces beyond her control.<\/p>\n<p>The global financial crisis has hammered confidence in South Korea\u2019s once-booming economy, decimating the value of its currency, the won, and forcing tens of thousands of students to alter their study plans, or cancel them altogether.<\/p>\n<p>For Ms. Seo, the won\u2019s plunge in value by a third just in the last few months drove up the cost of her four-year degree program by $10,000, far beyond her savings.<\/p>\n<p>\u201cI like to say that I\u2019m in pause mode,\u201d\u009d Ms. Seo said. \u201cMy future depends on the won going back up.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2009\/01\/10\/world\/asia\/10students.html?_r=1\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seo Ji-won was supposed to have been in Sydney, Australia, by now, pursuing her dream of a doctoral degree and higher-paying jobs. Instead, the 26-year-old South Korean engineering graduate remains home in Seoul, working part time at a coffee shop,<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=10637\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,201,149,111,339,596],"tags":[],"class_list":["post-10637","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-asia","category-economy","category-education","category-korea","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10637"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}