https://reasonstobecheerful.world/50-dollar-study-teens-new-orleans/
"Kapri Clark used the $50 to help pay for her braces. Lyrik Grant saved half of
it, and used the rest for dance classes. Kevin Jackson said he squandered the
cash, on wings, ride shares for dates and some DJ equipment he later tossed.
For the past five years, Clark, Grant, Jackson and hundreds of high schoolers
in New Orleans have shopped — or saved — as part of a project to explore what
happens if you give cash directly to young people, no strings attached.
“That was the most helpful thing ever,” said Clark, now a student at the
University of Louisiana at Lafayette, who said she could still use that extra
cash.
“The $50 study,” as it’s known, began at Rooted School, a local charter school,
as an experiment to increase attendance. The study has since grown to eight
other high schools in the city, as well as Rooted’s sister campus in
Indianapolis, with students randomly selected to receive $50 every week for 40
weeks, or $2,000 total. By comparing their spending and savings habits to a
larger control group, researchers wanted to figure out whether the money
improved a teen’s financial capability and perception of themselves. They also
wanted to know: Could the cash boost their grade-point averages and reading
scores?"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
