> the word "poor" has changed from "has nothing to lose" to "is in a position in which they have already lost quite a bit"

I'm not sure that I understand the distinction you're making here. Yes, one path to being poor is losing what you have. But in the end, such people are just as poor as those who never had anything in the first place. They both have nothing (more) to lose.

> many of the young and poor are starting from a disadvantaged state where in reality, taking a large risk is dissuaded by the risk of defaulting on student loan payments or shredded credit scores.

Most poor people are living in a trap of debt -- that tends to go hand-in-hand with being poor, as is having shredded credit scores.