News

COVID School Closures Will Hurt U.S. Economy For Decades, Economists Project

Ben Zeisloft
COVID School Closures Will Hurt U.S. Economy For Decades, Economists Project
David L. Ryan/The Boston Globe via Getty Images

A group of leading economists is predicting that American economic productivity will be reduced by 3.6% over the next three decades as a result of COVID-induced school closures.

The Penn Wharton Budget Model — a nonpartisan public policy research initiative at the University of Pennsylvania’s Wharton School — found that a lack of workforce development due to the school closures will severely limit long-term economic growth in the United States.

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip