We’re covering today how expensive it is for Brazil not to fund a proper education system. The Economy Minister dreams of private pensions and new taxes. And a loss for suspected coronavirus patients in Brazil.
The costs of Brazil’s poor education system
A study presented on Tuesday by the Roberto Marinho Foundation and the São Paulo-based Insper Business School estimates that Brazil’s poor education system is costing the country no less than BRL 214 billion (USD 40 billion) per year. Researchers say that 17.5 percent of Brazil’s 16-year-olds will not complete their basic education curriculum — that’s 575,000 people.