Table 21.

Percentage change in gross lifetime earnings, welfare by school type and age

	Baseline	Average	4	6	8	10	12	14
	Lifetime earnings
Public	812,650	− 1.76	− 1.34	− 2.01	− 1.80	− 2.11	− 1.83	− 1.51
Private	1,092,667	− 1.51	− 1.34	− 1.65	− 1.83	− 1.74	− 1.42	− 1.11
	Welfare
Public		− 1.05%	− 0.77%	− 1.24%	− 1.10%	− 1.25%	− 1.06%	− 0.88%
Private		− 0.62%	− 0.77%	− 0.60%	− 0.61%	− 0.66%	− 0.60%	− 0.51%

Human capital losses measured at age 16, but contingent on the age at which Covid-19 shock hits