Tuesday, November 10, 2009
There is no question that financial gain can incentivize
behavior. At 5, some kids may get a
small allowance upon properly brushing their teeth. At 12, they may get a token amount upon
taking out the garbage. In
Teen pregnancies cost $9.1 billion annually, according to the National Campaign to Prevent Teen and Unplanned Pregnancy, or around $500,000 for each teen pregnancy for health care and welfare. College Bound Sisters [this program paying off teenagers] costs just $75,000 a year to operate.
It will certainly be interesting to see the outcome, although it is not the first such program. Read more about this program here.