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Generation Lost: The Pandemic’s Lifetime Tax

Eric A. Hanushek
Published Date: 
October 2023
Education Next

Historical earnings patterns make it is possible to estimate what the learning losses documented by NAEP will cost the average student in the Covid-cohort: 6 percent lower lifetime earnings than those not in this cohort. In other words, the pandemic learning losses for this cohort are equivalent on average to a 6 percent income tax surcharge throughout the students’ working lives.