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Money for Grades

Many well off families give their children an 'allowance' for doing chores or getting good grades. This instills a work ethic at a very young age and gives the child a chance to enjoy the fruits of labor. What better way to teach children about money than with money? If we give students a small amount of money for their grades, I suspect that many would not only excel in school but would also have more experience handling money upon graduation.

1 Comment  »  Posted by MathMagic on 1/13/2009 5:51 PM

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Russell Miller
1/13/2009 5:57 PM
Volumes of research show that extrinsic reinforcement undermines intrinsic reinforcement.  In other words, once you start paying for grades, kids stop caring about the work itself.   Money for grades is an attack on actual education.
 

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