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.