Students enrolled during the pandemic could earn up to $70,000 less in income throughout their lifetime compared to peers who graduated before schools were temporarily closed, according to a study by a Stanford University economist.
The study, conducted by Eric A. Hanushek, found that the hiccup in steady education could cause students to earn 5.6% less than they would have before the pandemic as these students are more likely to be less educated and more underprepared for adulthood. This results from time lost in the classroom during the pandemic as schools were forced to close and/or operate online.
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