Except that it isn't UBI for students. It's nothing even remotely similar to UBI. Those students still need to pay for housing and food and everything else. The loans students get aren't just free money in students pockets either. It's just "free money for schools" with extra steps and those schools are happy to take the money and pocket it.
Imagine if we really did just give every 18 year old kid hundreds of thousands of dollars in free money that would never need to be paid back. That'd be a terrible idea for a lot of reasons, but while schools would probably still benefit the most, they'd also have to compete with all the other things those kids could spend that money on and prices likely wouldn't be quite as bad.
Anyone receiving UBI would also need to pay for housing and food and everything else. The grant comes to the student and the student gives it to the school, and they don't have to pay it back (because it's a grant). The school can now afford to hire a bunch of "administrators" to justify raising the tuition. It's a perfect microcosm of what would happen in a UBI scenario.
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Except that it isn't UBI for students. It's nothing even remotely similar to UBI. Those students still need to pay for housing and food and everything else. The loans students get aren't just free money in students pockets either. It's just "free money for schools" with extra steps and those schools are happy to take the money and pocket it.
Imagine if we really did just give every 18 year old kid hundreds of thousands of dollars in free money that would never need to be paid back. That'd be a terrible idea for a lot of reasons, but while schools would probably still benefit the most, they'd also have to compete with all the other things those kids could spend that money on and prices likely wouldn't be quite as bad.
Anyone receiving UBI would also need to pay for housing and food and everything else. The grant comes to the student and the student gives it to the school, and they don't have to pay it back (because it's a grant). The school can now afford to hire a bunch of "administrators" to justify raising the tuition. It's a perfect microcosm of what would happen in a UBI scenario.