It's effectively a partial age-limited UBI. You get a subsidy when you're younger. You can use it to educate and train yourself, and/or to experiment with diff

It's effectively a partial age-limited UBI. You get a subsidy when you're younger. You can use it to educate and train yourself, and/or to experiment with different options. This creates an educated population (good) and the more entrepreneurial types can start businesses without worrying too much about bankruptcy. But permanent studenthood is only a good thing for people with academic talent. So it makes sense to reduce subsidies for the capable as they get older, leaving hardcore welfare support for those can't cope (for various reasons). This kind of mixed approach removes some of the inflationary pressure of full-fat UBI but provides the same social benefits.