How Students’ Future Earnings Could Be Hit by Remote Learning

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WSJ Your Money Briefing 10 min 3 speakers 2 chapters transcribed 2 months ago
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ReliaQuest Advertiser 0:00
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J.R. Whalen 0:30
Here's your Money Briefing for Tuesday, January 10th. I'm J.R. Whelan for The Wall Street Journal. While many of us quickly adjusted to working from home during the pandemic, it was a much steeper learning curve for school-aged children. They lost in-person interaction with their teachers and classmates, and a new study suggests that could have long-term financial effects.
Ben Chapman 0:55
K-12 students, on average, will become less educated, lower skilled, and less productive adults if these learning losses that occur during the pandemic are not addressed.
J.R. Whalen 1:09
On today's show, our reporter Ben Chapman will be here to talk about the potential long-term financial impact of the pandemic on children. That's after the break.
ReliaQuest Advertiser 1:18
This podcast is brought to you by ReliaQuest. Cyber criminals are constantly attacking. They want your data. They want your identity. They want your innovation. ReliaQuest fortifies your business with agentic defense, AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest, agentic defense for the enterprise. Learn more at ReliaQuest.com. That's R-E-L-I-A-Q-U-E-S-T.com.
J.R. Whalen 1:55
The pandemic disrupted learning for students across the U.S., and a recent study says that could have long-term financial implications, costing those students in potential future earnings. WSJ reporter Ben Chapman reviewed the report, and he's here with more takeaways from it.

How did the podcast introduce the issue of pandemic learning loss?

J.R. Whalen 2:10
Ben, thank you very much for being with us. Thank you. So Ben, the onset of the pandemic affected nearly all segments of the population, but what was the specific effect on children?
Ben Chapman 2:19
Basically, students lost out on instruction during the pandemic. Schools were closed for months at a time, and districts were ill-prepared to deliver lessons remotely. And while there was the loss in classroom time happening, students also dealt with a lot of trauma around losses of jobs, families moving, family members getting sick. So the overall impact was a big setback for young people.
J.R. Whalen 2:55
So the effects on kids was studied by an economist at Stanford University. How were the learning gaps among children during the pandemic measured?
Ben Chapman 3:02
There is a federal exam called the National Assessment of Educational Progress. It is the gold standard in national academic metrics. And this federal exam was administered just before the pandemic and just after the pandemic sort of began to recede. And so this gave us a pretty clear before and after picture of students' math and reading skills. Broadly, the tests showed that students suffered historic, never-seen-before losses in reading and math. They lost decades of progress in both of those subjects.
J.R. Whalen 3:53
So what specifically led to a decline in scores?
Ben Chapman 3:55
Students are taking longer to learn concepts this year. They require more tutoring and they're struggling to engage in group activities. This is what's reported by teachers. During periods of remote learning, the quality of reading and math instruction suffered. And particularly in math, Group lessons are often very important. The discussion of whys is important. And when it came to remote lessons, this type of instruction often found itself sort of relying on memorization and mimicry rather than a deeper understanding of the concepts beneath subjects.
J.R. Whalen 4:44
How did The Economist draw the line between lower test scores and future earnings?
Ben Chapman 4:48
The economists at Stanford who conducted this study found that K-12 students on average will become less educated, lower skilled, and less productive adults if these learning losses that occur during the pandemic are not addressed.

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