What is the DCPS Capital Gains Program?
Students need motivation to drive them toward success. The Capital Gains Program is based on the simple premise that financial incentives can motivate students toward positive learning outcomes. In the District of Columbia, 12% of middle school students are proficient in reading while 8% are proficient in mathematics. Because of these daunting academic challenges, Capital Gains was created to offer monetary incentives for 6th, 7th, and 8th grade District of Columbia Public School students for their performance throughout the entire school day. Based on how each student measures up in five core areas such as attendance, academic achievement and behavior, they can earn points which reward them with dollars for their success.
Every two weeks, the points are totaled and students receive approximately $2 per point through personal bank accounts with SunTrust Bank.
The Capital Gains program is a partnership between DCPS and Dr. Roland Fryer, economics professor at Harvard University and the founder of Harvard's Education Innovation Laboratory (EdLabs).
Why Junior Achievement?
Our programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it. Students put these lessons into action and learn the value of contributing to their communities.
JA's unique approach allows volunteers from the community to deliver our curriculum while sharing their experiences with students. Embodying the heart of JA, our classroom volunteers transform the key concepts of our lessons into a message that inspires and empowers students to believe in themselves, showing them they can make a difference in the world.
What better program to help youth learn the importance of financial literacy than Junior Achievement? For the 2009-2010 academic year, Junior Achievement and DCPS have partnered to bring volunteers from the business community into middle grades classrooms to teach financial literacy. Available to students in the Capital Gains Program, Junior Achievement will place volunteers at the following schools: Brightwood Education Campus, Browne Education Campus, and Emery Education Campus.
Volunteers will teach the six-lesson JA Economics for Success program, which explores personal finance, the economic benefits of staying in school, and the connection between current interests and skills with potential careers. The lessons will be implemented at each school at least once per month from October - March, with the exception of Brightwood Education Campus, which has requested to have volunteers from October - November.
No additional volunteers are needed at this time.
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