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they would stop applying to grueling service/retail jobs/technician jobs, and probably focus career paths even if they already graduated with a degree, more money goes into taking more classes, or saving money for something else. i think these are one of the reason people are not in a field they supposedly studied in, of course you would need a efficient train/fast rail system in most states for it to work as well since most degree'd jobs are outside large cities most of the time, besides the job market being very poor for many different fields.
most people are probably paying 600-1000+/month in premiums anyways, and they have to spend down thier DEDUCTIBLES and OOP to be fully covered, which most people cant unless you are chronically sick. the current subsidies make it less than that per month.