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Token Economy- Incentivizing Students with Cash

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 critical for building academic skills, and if a student falls behind early, it's hard for them to catch up" (Vargas, 2008, p. 2). Many students in these hard hit school districts have no other means of earning income, while teachers and parents claim they have seen significant results. Controls on the Green for Grades program include children being paid half the money up front and the other half upon graduation and the money is only paid for core subjects like math, science, history, and English classes.

The Green for Grades research program is a form of token economy. It is most like a token economy in that it offers students a reward aimed at shaping positive behaviors. The theory underlying the program is that students will work harder and be more motivated academically if a reward

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Token Economy- Incentivizing Students with Cash. (1969, December 31). In LotsofEssays.com. Retrieved 10:45, March 28, 2024, from https://www.lotsofessays.com/viewpaper/2000759.html