The UBI of 2018 Is Cancelling Student Debt, and It Could Actually Happen

The UBI of 2018 Is Cancelling Student Debt, and It Could Actually Happen

In 2017, the idea of a universal basic income began moving in earnest from theory to practice, with experiments launching in Oakland, and most notably Finland. “In 2017, We Will Find Out If a Basic Income Makes Sense,” declared the MIT Technological Review . The jury’s still out on UBI, but 2018 has already offered up a new, radical vision for reforming the economy that seems less radical the more we study it: Mass student debt cancellation .

The idea first started being taken seriously earlier this year, after a group of progressive economists produced a new paper suggesting that […]

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