A Stanford University study showed that learning loss suffered by students during pandemic restrictions could result in lower incomes throughout their lifetime. Thanks to the stupidity of Biden, Dems and unions.
"The pandemic has had devastating effects in many areas, but none are as potentially severe as those on education," the study's author, Eric A. Hanushek, wrote in its conclusion. "There is overwhelming evidence that students in school during the closure period and during the subsequent adjustments to the pandemic are achieving at significantly lower levels than would have been expected without the pandemic."
The study, entitled "The Economic Cost of the Pandemic," analyzed National Assessment of Educational Progress data and found that between 2019 and 2022, test scores in math and English dropped an average of eight points across the country. The drastic drop came after nearly two decades of progress, the study noted, erasing all the gains in test scores made between 2000 and 2019.
Hanushek notes that while most policymakers and the media have focused solely on the pandemic's impact on test scores, the loss in student achievements could have severe economic repercussions. According to the study, students enrolled in schools during pandemic restrictions will face an average of a two to nine percent drop in lifetime earnings, resulting in states facing a 0.6 to 2.9 percent drop in total GDP.
"At the extreme, California is estimated to have lost $1.3 trillion because of learning losses during the pandemic. These losses are permanent unless a state’s schools can get better than their pre-pandemic levels," the study reads. Unless schools are able to make up for the declines, students enrolled in schools during the pandemic will enter the workforce with lower cognitive skills needed to succeed in a constantly evolving economy.