Pandemic impact on education more severe than predicted, World Bank, UN say

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Lengthy pandemic school closures have cost students trillions of dollars in lifetime earnings, the World Bank and UN agencies said Monday, warning that the crisis has worsened since last year.

WASHINGTON, United States —

The Washington-based development lender, along with UNICEF and UNESCO, in a report said the current generation of students risk losing $17 trillion in lifetime earnings, amounting to about 14 percent of global GDP, due to classroom disruptions caused by Covid-19. “The Covid-19 crisis brought education systems across the world to a halt. Now, 21 months later, schools remain closed for millions of children, and others may never return to school,” said Jaime Saavedra, the World Bank’s Global Director for Education.The disruptions are not being felt equally, with the study finding that poorer and disabled children have less access to remote learning, while younger students were overall more affected.

 

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