One of Confucianism's legacies is a strong commitment to education. A well-educated work force takes much of the credit for South Korea's impressive progress in modernization and development since the 1950s. But education is not only economically important to the nation, it is also of utmost social importance to individuals. A South Korean's social standing depends upon graduation from an elite institution, and parents make great sacrifices to ensure that their children have all the educational advantages.