We hope scholarships
like those we have awarded today will help contribute in a small way to the movement of supporting women in leadership roles and inspire other companies to launch similar programs.
Numerous bloggers and columnists around the country--especially in Georgia--are decrying the "welfare-for-the-rich" program they say the HOPE Scholarships
have turned into.
Nearly all participants in the commercial trucking program receive HOPE scholarships
, and students cite cost and the length of the program for why they decided not to enroll or dropped out.
After all, these parents were aware of programs such as the HOPE scholarships
in Georgia, and this helped raise their expectations that success in the classroom would be acknowledged in the same way prowess on the playing field might be rewarded with athletic scholarships.
According to Children International's latest report, nearly 8,420 HOPE scholarships
have been awarded to date.
More than 100,000 students receive HOPE scholarships
, and the cost to the state is about $400 million a year.
For example, Susan Dynarski (2000) looked at Georgia's HOPE Scholarships
and deduced that attendance rose with every $1,000 of aid provided.
Such a program would extend to K-12 education the philosophy of choice that is inherent in the state's existing Hope Scholarships
program for college students.
I attribute the unusual effect of the Georgia program to a provision that reduced HOPE Scholarships
for Pell Grant recipients, who are disproportionately Black.
Students who initially had HOPE scholarships
but lost them had higher credit card and student loan debts and were less likely to use recommended financial management practices than students who retained HOPE scholarships
The awards were for comment on the Hope scholarships
and the Confederate flag issue.
The program has resulted in better grades and higher objective test scores for high school students--who must achieve good grades in order to be eligible for HOPE scholarships
-as well as better grades for college students who wish to maintain their HOPE scholarships