A new Wales guaranteed-income pilot focuses on 18-year-olds aging out of the country’s care system. With payments of more than $2,000 a month for two years, it’s set to be the highest amount offered for an income pilot anywhere in the world. In Wales, more than 7,000 children rely on government-assisted care—whether placed in public care facilities or with foster parents, which is the case for the majority. In fact, Wales has the U.K.’s highest rate of “looked-after children”—the t...
Wales is piloting $2,100-per-month guaranteed income for former foster youth
Fast Company - 19 Feb 2022 10:00
A new Wales guaranteed-income pilot focuses on 18-year-olds aging out of the country’s care system. With payments of more than $2,000 a month for two years, it’s set to be the highest amount offered for an income pilot anywhere in the world. In Wales, more than 7,000 children rely on government-assisted care—whether placed in public care facilities or with foster parents, which is the case for the majority. In fact, Wales has the U.K.’s highest rate of “looked-after children”—the t...
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