This article was published at Bookkeeping Services of Charlotte, NC
This article was published at Bookkeeping Services of Charlotte, NC
Although I’m no strategist/economist/education specialist, I think it would work something like this. . A company can choose to invest in a school (tax incentives aimed at the poorest first) but must make a minimum contribution of $3/student (they could just do an entire grade). So X Company would need about $300 to invest in the senior class at Y High School. $1 would go into a sort of stock portfolio as investment to profit the company (this is the trickiest part as I am not an economist/banker), $1 into school funding, and $1 into a savings fund for the school. At the end of the year, the students who have achieved the desired goals set by the school (attendance, participation, test scores, extracurricular) will get the money. $1 is not going to be much of an incentive to do well, but if 100 businesses (min. $3 a student) contributed, each student would be getting $100. It’s not perfect, but let me know what you think, & show me how to make it profitable for the businesses.
To the first person who replied. Our education system leaves minorities and poor districts behind. In the past, reform has been aimed at getting the school administration and teachers to teach better. This is an attempt to put the ball in the students court. If the idea of money is too much, other rewards could be used. Taxes are not “investement. ” Plus, under this system, companies would receive tax breaks (which will promote growth in itself) for investing in schools. The result is SOME intelligent, trainable young people, and some who are, due to inequality of education, left behind–despite the No Child Left Behind Policy. Thank you for your rude reply that allowed me to clarify my intent.
This conversation was published at Accounting Services of Charlotte, NC
