Readers Defend Paying for Grades

Many of you argue that school is a child's job, so good work deserves financial compensation. Here's why I still, respectfully, disagree.

Wow! My column recommending that parents not pay their kids for good grades has generated a flood of e-mail, much of it disagreeing with me.

For the most part, readers who took the opposing view feel that getting good grades is a child's job, and, like any job, deserves compensation. I loved this droll observation from one reader: "You have to be careful paying for grades. When students become adults, they might think there's a link between excellent work and higher pay."

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Janet Bodnar
Contributor

Janet Bodnar is editor-at-large of Kiplinger's Personal Finance, a position she assumed after retiring as editor of the magazine after eight years at the helm. She is a nationally recognized expert on the subjects of women and money, children's and family finances, and financial literacy. She is the author of two books, Money Smart Women and Raising Money Smart Kids. As editor-at-large, she writes two popular columns for Kiplinger, "Money Smart Women" and "Living in Retirement." Bodnar is a graduate of St. Bonaventure University and is a member of its Board of Trustees. She received her master's degree from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism.