[andrewvc]

I'm not sure if you realize that the poor hold on to a ton of debt in this country, and a large part of it is their inability to dig themselves out of the holes they're in.

Now, it is true that financial literacy is tends to be low among those who make little, but it is also the case that many people who are financially literate, but poor, just can't dig themselves out of debt. Medical expenses, for instance, are one of the leading costs of bankruptcy in this country.

[sologoub]

I do realize that and am fairly familiar with how the cycle works, largely fueled by pay-day loans.

Is your hypothesis that the higher income, even if temporary, may afford significant relief from this?