My understanding of basic income is a bit different. The average American adult needs to make 1500/month to meet the basic requirements of life. This is equivalent to paying off a mortgage over the term of your life of about $500,000, or student loans to the tune of $250,000. (I used an annuity calculator for these figures https://www.bankrate.com/calculators/investing/annuity-calcu...).

Basic income can be distilled to notion that, if student loans are bad for humanity, then it is reasonable to suggest that this intrinsic debt might also be bad.