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The Economic Cost of Illiteracy

The Economy, Stupid

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The Alarming Decline in Reading Proficiency

This chapter delves into the concerning decline in reading proficiency among Australian students, emphasizing the negative impacts of illiteracy on academic success, future prospects, and societal engagement. It discusses the economic costs of low literacy levels, interventions like small group tutoring, and the correlation between education and income increase. Furthermore, it explores the implications of deteriorating educational standards on human capital, innovation, productivity, and workforce readiness.

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