According to this Korea Times article about the small number of children enrolling in the first grade of elementary school for the coming school year, "The number of elementary school students has kept falling in Seoul to 535,000 this year from 762,000 in 2001."
There's not much more to say there than "wow". A 30% drop over ten years - in Seoul - is pretty drastic. One wonders what the situation is like in the likewise heavily populated Gyeonggi-do.
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