Token Economy- Incentivizing Students with Cash
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The Green for Grades research being implemented in urban inner-city school districts in cities like New York and Chicago is designed to resolve the high drop-out rates and subpar academic performance of urban city teens. Developed by Harvard Economics professor Roland Fryer, the program is funded through private donations and the Education Innovation Laboratory at Harvard University (Vargas, 2008). The program targets only freshman and sophomore high school students, offering them payment for performance, with every A worth $50, every B worth $35, and every C worth $20 (Vargas, 2008). The program has proven successful in the eyes of teachers, parents, and students. A student with straight A's could earn $5,000 potentially. The program is aimed at freshman and sophomores because of their critical stage of academic development. The Green for Grades research is based on the theory that if freshmen and sophomores get off to a great start academically, they will do well in later years and graduate. As Chicago Board of Education President Rufus Williams maintains, "The first year of high school is
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Approximate Word count = 756
Approximate Pages = 3 (250 words per page)
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