Then, those people would be entrusted to save their money and spend it wisely to educate themselves and their children in order to get good jobs and support themselves. Then, if they fail, they're out of luck. To be honest, this is my general outlook on life. People should be given control of their own welfare and finances, and if they screw up, then they're screwed. However, it's idealistic to believe that most people are smart enough to do this themselves.
People are stupid by nature.
As much as I hate to admit it, I'm stupid. I'm a big spender and a poor saver, just like most college students, and ironically, just like most of the poor people I know. The American public right now is not capable of keeping its money and spending it wisely. Therefore, I see the key to ending the cycle of poverty as being able to educate people as to how to take care of themselves, and providing them with an institutional education so they can get a good job. Student Advantage, Inc.