The figures are based on an analysis by the Education Policy Institute, which was commissioned by the Department for Education, which warns that ‘significant’ Government investment is needed to avoid lasting damage.
Based on an estimated range of learning loss, this would result in total lost lifetime earnings of between 1 and 3 per cent. In this scenario, the EPI calculated that this is likely to be at least £16,000 lost in earnings per pupil, but this could range from £8,000 to £46,000 per pupil, depending on the extent of learning loss.
These earnings losses would generate a total long-run cost of between £78bn and £463bn across the 10 million children in the education system in England. This range is likely to be a highly conservative estimate of the true long-run costs of lost learning, the thinktank states.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
