Most of us were not rewarded with money for getting good grades when we were kids, but times they are a-changing. While a monetary incentive program has been rolled out to middle school students in Washington, DC, a similar program is being introduced to high-school freshmen in 20 of Chicago's public schools.
The initiative is part of the Green for Grade$ program that received it's $2 million funding from private sources. Every five weeks, evaluations in math, English, social sciences, science, and physical education will determine how much a student will earn: $50 for an A, $35 for a B, $20 for a C.
As with most things, there is a catch — half of the money will be given immediately, but students will have to wait until graduation to receive the rest. Getting in F will really set a student's earning potential back, as a failing grade means no money for any subject until the student earns at least a C in the failed subject.