Covid-19 school closures ‘could cost pupils £40,000 in lifetime earnings’
A research group warns the “long-run costs” of the pandemic will hit children disproportionately. …
For anyone earning the average yearly wage in the UK, the IFS estimates, this would translate to a potential £40,000 loss in income across a lifetime, leading it to warn that “the long-run costs of the pandemic will fall disproportionately on today’s children”.
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