The Economy, Stupid cover image

The Economy, Stupid

The Economic Cost of Illiteracy

Feb 22, 2024
This podcast explores the economic cost of illiteracy in Australia, discussing the decline in reading proficiency among students and the need for structured literacy approaches. It emphasizes investing in teachers, tailored interventions for struggling readers, and recommendations for improving literacy in schools. The episode also touches on the evolution of teacher training, the importance of subject matter expertise, and negotiations for boosting education funding and standards.
29:04

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Quick takeaways

  • Addressing illiteracy in schools requires a minimal financial investment but a strong commitment from stakeholders.
  • Low literacy levels have significant economic costs, impacting job opportunities, healthcare access, and perpetuating disadvantaged cycles.

Deep dives

Reading Proficiency Disparity Across Territories

Across states and territories in Australia, there is a significant gap in reading proficiency among students. In the Northern Territory, approximately half of students struggle with reading, while in more advantaged regions like the ACT and Victoria, a quarter of students face challenges. This disparity often aligns with socioeconomic disadvantages, disproportionately affecting disadvantaged students.

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