New Orleans tried giving young people $350 a month to help with finances. Did it work?

New Orleans tried giving young people $350 a month to help with finances. Did it work?

Dancers perform during the NOLA Youth Town Hall at the New Orleans African American Museum on Saturday, August 3, 2024. (Photo by Matthew Perschall, The Times-Picayune) STAFF PHOTO BY MATTHEW PERSCHALL For nearly a year, New Orleans tried giving $350 a month to a group of young people, part of a privately funded experimental program to see if a universal basic income would make a significant difference in their lives.

Now a new report by the University of Pennsylvania’s Center for Guaranteed Income Research has detailed the results of that program.

It found that the money helped ease some of the […]

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