Students at the Rooted School in Indianapolis show off the debit cards (with card numbers covered) that hold the $50 a week guaranteed income the school and researchers are giving them to teach financial literacy. (Patrick O’Donnell) The first few weeks Caleb Lee was given $50 as part of a first-of-its-kind guaranteed income experiment at his Indianapolis charter high school, it went hand to mouth in the form of Mexican takeout DoorDash deliveries.
Now, just three months later, the 11th grader’s goals for the money have shifted toward savings and financial goals — just as his school and researchers hoped.
Lee’s […]
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