A comprehensive report by the Centre for Economics and Business Research (Cebr), commissioned by Pearson, highlights the transformative potential of digital technology (EdTech) in UK schools. By combining educational tools and technology, this report identifies the pathway to a more productive and inclusive educational system.
Key Findings
The report projects a net present value of £8.7 billion over a decade with an annual investment averaging £130 million. The study estimates a robust benefit-cost ratio of 7.9, with notable outcomes in teacher efficiency, student skills, and economic productivity.
Investment Breakdown*
To achieve the envisioned digital transformation, the following investments are proposed:
– Devices: Closing gaps in student access to laptops and tablets, costing £39.4 million initially.
– Broadband: Upgrading to faster connections, estimated at £27.2 million in Year 1.
– Teacher Training: Enhancing digital literacy, requiring £71.3 million in the first year.
Benefits for Teachers and Students
The largest advantage lies in teacher time savings, valued at £894.1 million in Year 1, as EdTech reduces administrative tasks. For students, EdTech enhances learning outcomes, with improved GCSE scores translating to £6.7 million in higher lifetime earnings during the first year and rising to £199.1 million by Year 10.
Broader Economic Impact
Students exposed to EdTech will bring an estimated £181.1 million in wider productivity benefits by the tenth year. Additionally, the report anticipates environmental gains through reduced paper use in digital examinations, cutting emissions significantly.
The report underscores the economic and educational imperatives of EdTech adoption. While upfront costs are significant, benefits such as improved teacher productivity, better student outcomes, and enhanced economic performance make a compelling case for investment. As the benefits outpace costs over time, this strategy aligns with the long-term goal of creating a digitally empowered workforce.