Students who are given financial incentives for their school tasks may develop the expectation of being paid for any work they do outside of school. It is crucial for students to understand that their dedication to learning will eventually lead to rewards such as acceptance letters and scholarships. If students are consistently motivated by money, they will focus solely on studying for monetary benefits rather than gaining knowledge. Additionally, receiving monetary compensation can negatively impact students’ academic performance. However, it must be recognized that some students already have jobs and rely on them for income, but it is important for them to prioritize their financial concerns outside of the school environment.
If students are given incentives for achieving high grades and assisting others, they will develop an expectation for some kind of compensation. It is fair for students to have financial resources, but it should not be presumed that the institution will provide them. Diligence in academics leads to acceptance into a prestigious university where their efforts will yield fruitful results in the long run. In higher education, students possess the liberty to pursue any academic discipline they desire. Subsequently, as adults, they can look forward to receiving monetary rewards.
Acquiring good grades can result in tangible financial advantages as it may qualify individuals for scholarships that cover college expenses. It is important to acknowledge the high costs associated with higher education. Thus, individuals face a decision: use their earnings from good grades to buy an Xbox or secure a scholarship for further studies, which can enhance employment opportunities and long-term financial stability. However, it should be noted that students’ academic performance might decline after receiving monetary rewards, potentially nullifying the school’s investment.
Although financial incentives have been proven to enhance students’ test scores, the subsequent removal of these rewards leads to a significant decline in grades, thereby restricting future prospects. While motivation is crucial for students, alternative methods could potentially achieve similar results. Nevertheless, offering monetary compensation for academic performance may discourage students from pursuing higher education and create dependency on parental support. Moreover, concerns arise regarding the long-term consequences of receiving ongoing financial rewards after marriage.