Impact of pandemic on future earnings

Education recovery and resilience in England: Phase two report Education policy Institute 

Based on EPI analysis commissioned by the Department for Education (DfE), the new report models the long-run impact of the pandemic on future earnings, finding that pupils are each likely lose at least £16,000 in earnings, rising to £46,000 in a worst-case scenario if the government fails to intervene.
Pupils in parts of the north of England and the Midlands have seen learning losses that are greater than those in other regions, while poorer pupils nationally have also lost more learning, findings that are likely to hinder the government’s “levelling up” agenda.
Prior to the pandemic, disadvantaged pupils were already 18 months of learning behind their more affluent peers by the time they took their GCSEs. The pandemic has now exacerbated this education gap, undoing a significant amount of the progress made in closing it over the last two decades.