The Limited Times

The cost of closing schools around the world could be enormous

5/28/2020, 4:45:10 PM


Four researchers anticipate a loss of 10,000 billion dollars.School closures that continue, to varying degrees, around the world in response to the Covid-19 pandemic pose an unprecedented threat to the education, protection and well-being of children, notes the World Bank, in a recent note. This interruption will have "serious long-term consequences on economies and societies", including a widening of inequalities, the deterioration of the health of the po...

School closures that continue, to varying degrees, around the world in response to the Covid-19 pandemic pose an unprecedented threat to the education, protection and well-being of children, notes the World Bank, in a recent note.

This interruption will have "serious long-term consequences on economies and societies", including a widening of inequalities, the deterioration of the health of the population and the reduction of social cohesion. When children lose education, they lose future opportunities, including economic benefits such as additional income, with far-reaching consequences.

The devastating impact of dropout

Some models suggest that the loss of learning during the Second World War still had a negative impact on the lives of former students some forty years later. This impact is not limited to the individual level, it has an effect on the whole of society. Four researchers

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