New report estimates school closures’ long-term impact on the U.S. economy at more than $14 trillion

The data shows the number of countries with school closures because of the pandemic between February and the end of June. (Organization for Economic Cooperation and Development)

This year’s school closures won’t just result in the loss of students’ academic skills; it could negatively impact the economy for the rest of the 21st century, new research predicts.

In the U.S., for example, the closures could ultimately amount to a loss of almost $14.2 trillion over the next 80 years, according to the study, released by the Organization for Economic Cooperation and Development, an international group with 37 member countries that promotes economic growth policies. Another three months of learning losses could stretch that figure to almost $28 trillion.

The authors suggest, however, that schools could recoup some of those losses by “individualizing the instruction,” in which students work at their own speed to master academic goals.

“Unless schools get

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Countering school closures with radio education in the Central African Republic – Central African Republic

With funding from Education Cannot Wait, Jesuit Refugee Service is expanding remote learning opportunities for children impacted by the COVID-19 crisis

Stories from the Field

Special Contribution by Jesuit Refugee Service (Original Story)

While all the educational facilities in the Central African Republic (CAR) have closed their doors due to the COVID-19 outbreak, students and teachers have found a new source for learning: the airwaves.

To keep children from falling further behind in the pandemic, the Jesuit Refugee Service is producing a weekday radio education program known as *L’École à la Radio *(The School on the Radio). Children have been tuning into the broadcast since June every day from 4:30 to 5pm to hear radio lessons broadcast by the Lego ti la Ouaka community radio in Bambari, where JRS is supporting internally displaced persons and local communities with funding from the global fund for education in emergencies and

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Skills lost due to COVID school closures will hit output for generations: OECD

FILE PHOTO: A child marches down Court St to protest the opening of schools following the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, New York, U.S., September 1, 2020. REUTERS/Carlo Allegri

PARIS (Reuters) – Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development estimated.

For the United States, that will represent an economic loss of $15.3 trillion, the OECD said in a report published on Tuesday, with the bill rising higher still if disruption to education extends into the next academic year.

“Learning loss will lead to skill loss, and the skills people have relate to their productivity,” the report said, explaining the forecast drop in global GDP.

Governments around the world closed schools to

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PizzaExpress Creditors Approve Closures, 1,100 Jobs at Risk

(Bloomberg) — PizzaExpress’s creditors approved a company proposal to cut rents and shut 73 of its U.K. restaurants as part of the chain’s effort to fix its finances amid the economic slump. The plan will put 1,100 job at risk.



a store front at night: A PizzaExpress Ltd. restaurant sits empty in the West End district in London, U.K., on Friday, March 20, 2020. A shutdown of the U.K. capital would hit the night-time economy hard -- one in three employees in London works between 6 p.m. and 6 a.m., many in the pubs, restaurants and clubs most at risk of survival because of the pandemic.


© Bloomberg
A PizzaExpress Ltd. restaurant sits empty in the West End district in London, U.K., on Friday, March 20, 2020. A shutdown of the U.K. capital would hit the night-time economy hard — one in three employees in London works between 6 p.m. and 6 a.m., many in the pubs, restaurants and clubs most at risk of survival because of the pandemic.

Almost 90% of the firm creditors and a majority of landlords supported a so-called Company Voluntary Arrangement proposed by the company, according to a regulatory filing on Monday. The deal paves the way for a financial restructuring which will see owner Hony Capital ceding control of operations,

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Biden and Trump battle over pandemic-related school closures.

“Let me be clear,” Biden said, in his second speech in three days taking direct aim at his Republican opponent. “If President Trump and his administration had done their jobs early on in this crisis, American schools would be open. And they’d be open safely.”

The speech marked another attempt by Biden to emphasize Trump’s response to the global pandemic, the issue that Biden’s campaign believes will guide voters’ decisions more than any other.

White House advisers and Trump campaign officials reiterated Wednesday that Trump was pushing to reopen schools — a position they still view as politically advantageous — and they are moving to heighten demands that local districts begin in-person instruction.

Trump administration officials are considering allocating Abbott machines for rapid testing to states based on the number of students attending school this fall, giving states an incentive to put more students in classrooms, a person familiar with

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