Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

School closures from the coronavirus pandemic could cause global GDP to be 1.5% lower for the remainder of the century, resulting in a $15 trillion loss for the U.S. economy, according to a report from the Organization for Economic Cooperation and Development.

Why it matters: The OECD projects that missed time in the classroom would result in a loss of the skills needed to boost economic productivity.

The big picture: Children are having to rely on their own resources to learn despite efforts from schools and educators to adapt lesson plans. Meanwhile, many parents have been unable to return to work because they can't find the childcare usually provided by schools.

Yes, but: The OECD notes that its estimates only calculate how the current school year affects the economy, and assumes that future cohorts of students will return to normal schooling.

  • "If schools are slow to return to prior levels of performance, the growth losses will be proportionately higher," the authors write.

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Ina Fried, author of Login
Sep 16, 2020 - Technology

Exclusive survey: Teens dislike online learning

Illustration: Annelise Capossela/Axios

Most American teens think online school is worse than going in person, but less than a fifth of them think that it makes sense to be in person full-time while COVID is still circulating, according to results of a new survey shared first with Axios.

The big picture: Parents badly want their kids back in school, and students want to be there, too. But most feel it's still not safe, according to the survey, which was conducted by Common Sense Media and SurveyMonkey.

Updated 11 mins ago - Politics & Policy

What they're saying: Ruth Bader Ginsburg was a "tireless and resolute champion of justice"

Ruth Bader Ginsburg speaking in February. Photo: Sarah Silbiger/Getty Images

Democratic and Republican lawmakers along with other leading figures paid tribute to Supreme Court Justice Ruth Bader Ginsburg, who died on Friday night at age 87.

What they're saying: “Our Nation has lost a jurist of historic stature," Chief Justice John Roberts said. "We at the Supreme Court have lost a cherished colleague. Today we mourn, but with confidence that future generations will remember Ruth Bader Ginsburg as we knew her — a tireless and resolute champion of justice.”

Biden: "Ruth Bader Ginsburg stood for the law"

Joe Biden said Supreme Court Justice Ruth Bader Ginsburg "never failed, she was fierce and unflinching in her pursuit of civil and legal right and civil rights of everyone," after learning of her death Friday night.

What he's saying: Biden gave a statement after traveling to Delaware from Minnesota, where, earlier Friday, he gave a campaign speech at a carpenters’ training center in Hermantown, a suburb of Duluth. She was "not only a giant in the legal profession, but a beloved figure, and my heart goes out to all those who cared for her and cared about her."