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Guaranteed income programs starting to catch on in the US

by jennifer
November 2, 2022
in Technology
0

By his mid-20s, Tommy Andrade was tired of working dead-end jobs. With a young child at home, he realized he needed more than a high school diploma to support his family. When he heard about a new, advanced manufacturing program at a Texas community college, Andrade was intrigued. Some of the jobs that graduates from Austin Community College (ACC) would be trained for carried salaries well into the six figures, enough to give Andrade financial security, he figured, even in a city like Austin where the cost of living was spiking fast.

But first Andrade would have to take a pay cut: the 14-week program required him to participate in an internship that paid $17 an hour, less than he’d earned in his previous jobs as a salesman and bookkeeper. He worried he wouldn’t be able to afford rent, bills and after-school care for his son. Then came some unexpected good news: ACC was launching a new guaranteed income pilot program for student parents, and program officials wanted him to join. Participants would receive $500 a month for two years with a few conditions: they must enrol in nine credits each semester and attend monthly meetings with other student parents.
Buoyed by the extra income, Andrade signed up. “Five hundred isn’t anything to live off of, but it’s enough to make a difference,” he said. “I have some flexibility to take some risk.” Now, a year after enrolling in the program and on track to graduate, Andrade, 29, is living in Seattle with his partner and son, having recently accepted a full-time job as a contractor at a large technology company.

[Read More…]

jennifer

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