What price will education pay for COVID-19?

31 Mar 2020

As the world comes to terms with the scale and severity of the COVID-19 pandemic, the health of the global population is rightly taking priority over education for the time being. For today’s students, the coronavirus outbreak means a huge loss of learning time, with potential repercussions for their schooling and careers in the years to come. But what predictions can be made about the financial impact on education more broadly? 

According to Blandine Ledoux and Koffi Segniagbeto, IIEP specialists in education costs and financing in Paris and Dakar respectively, the crisis will have a significant impact at two different levels: 

  1. - the loss of education spending for the duration of the crisis, as well as the resulting additional cost, and
  2.  
  3. - the expected downturn in future financial resources available to the education sector. 

 

They point out that ‘global inequalities in access to education will widen and the global learning crisis will be exacerbated’, disrupting progress towards Sustainable Development Goal (SDG) 4, which calls for universal access to quality education.

Read the full article