Wednesday, December 28, 2022

Pandemic Learning: $70K in Lifetime Earnings Could Be Lost, Stanford Study

Wall Street Journal: Learning loss could shave $70,000 off the lifetime earnings of children who were in school during the pandemic, according to a new study by a Stanford economist. The sobering forecast is based on an analysis of the sharp declines in the scores of eighth-graders on national math tests taken between 2019 and 2022. If the learning losses aren’t recovered, K-12 students on average will grow into less educated, lower-skilled and less productive adults and will earn 5.6% less over the course of their lives than students educated just before the pandemic, said Eric A. Hanushek, a Stanford University economist who specializes in education. He said the losses could total $28 trillion over the rest of this century (Wall Street Journal). 

Dennis Prager: You lied about the vaccine. You lied about lockdowns. And you lied about masks. You ruined tens of millions of people’s lives around the world. You brought hunger to vast numbers of people. You brought unemployment around the world. You ruined American kids’ lives in the millions (Daybreak Daily).

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