Transcription of The Economic Impacts of Learning Losses - OECD
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The Economic Impacts of Learning Losses - OECD
The Economic Impacts of Learning LossesEric A. HanushekLudger WoessmannSeptember 2020 AcknowledgementsThis paper benefitted from the encouragement and support of Andreas Schleicher and from his comments along with those of Macke Raymond, Michael Ward, and Francesco worldwide school closures in early 2020 led to Losses in Learning that will not easily be made up for even if schools quickly return to their prior performance levels. These Losses will have lasting Economic Impacts both on the affected students and on each nation unless they are effectively the precise Learning Losses are not yet known, existing research suggests that the students in grades 1-12 affected by the closures might expect some 3 percent lower income over their entire lifetimes. For nations, the lower long-term growth related to such Losses might yield an average of percent lower annual GDP for the remainder of the century.
on the affected pupils. This analysis suggests plausible ranges for the economic impact of existing and on-going learning ... the order of 3% lower career earnings if schools immediately returned to 2019 performance levels. Disadvantaged students will almost certainly see larger impacts. And, with the forecast of further disruptions in normal ...
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