Students Face $70K Earning Loss Over Pandemic School Closures
View Source | December 29, 2022 3:34 pm
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- Students enrolled during the pandemic could earn up to $70,000 less in income throughout their lifetime compared to peers who graduated before schools were temporarily closed, according to a study by a Stanford University economist.
- The study, conducted by Eric A. Hanushek, found that the hiccup in steady education could cause students to earn 5.6% less than they would have before the pandemic as these students are more likely to be less educated and more underprepared for adulthood.
- This results from time lost in the classroom during the pandemic as schools were forced to close and/or operate online.
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