In total, the Education Maintenance Allowance only provided around 40p of benefits to students for every £1 spent.
The large direct benefits for students receiving the cash were lost due to reductions in employment and wages.
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The large direct benefits for students receiving the cash were lost due to reductions in employment and wages.
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Read Jack Britton, @carmenvillaecon.bsky.social, @nickridpath.bsky.social and Ben Waltmann's report: https://buff.ly/3EVJIWb
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