UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
  • Gigan@lemmy.worldEnglish
    219·
    1 year ago

    A 17 year old kid is forced into taking on debt to attend college

    No they're not! No is forced to go to college, and no is forced to go into debt to do it! Those are both choices they made! The premise of your whole argument is not true!

    With all sincerity, I hope you encounter misfortune through no fault of your own that ruins your financial security for the next 20 years.

    Unlikely, I plan ahead and don't make stupid financial decisions.

    • maniclucky@lemmy.worldEnglish
      10·
      1 year ago

      This shit is bad for society, and by extension you. Loan services and schools suck up vast wealth that… goes into rich pockets and widens the income gap. Money that could go to purchasing goods and services, or supporting businesses of any size, or buying houses, or having kids, or paying taxes that could be used on useful things like decent roads (how taxes are used specifically is outside the scope of this discussion, just an example).

      Your whole world could be better through loan forgiveness, just not specific to you. Just everything around you better. Just requires a little less "got mine".

    • Bipta@kbin.social
      1·
      1 year ago

      Unlikely, I plan ahead and don’t make stupid financial decisions.

      Oh sweet summer child…