This report from UK think tank the Institute for Fiscal Studies looks at the long-run effects of the coronavirus crisis learning loss.
As a result of the pandemic, children across the UK are likely to lose at least half a year of normal, in person schooling. In the absence of a massive policy response, the long-run effects of this learning loss are likely to be substantial. In this IFS observation, Luke Sibieta, Research Fellow at the IFS, sets out the potential long-run costs of lost schooling. The figures are extremely large and are not intended as precise estimates. Instead, they are intended to illustrate the scale of potential costs and risks we face, and the economic rationale for a massive national plan to address this crisis.Read Full Report