How Students at Digital Pioneers Academy Profit While Being Taught Money Management

A groundbreaking initiative at D.C. Digital Pioneers Academy will offer cash to high school seniors while they gain essential financial literacy skills. Mashea Ashton (center), the CEO and founder of Digital Pioneers Academy, is seen here with students Clifford White (left) and Darjuin “Fred” McRoy. Credit: Photo by David JacobsStarting this fall, Digital Pioneers Academy Charter School in Southeast Washington will launch its first school-based direct financial support program, providing high school seniors with $50 in cash weekly.Opened in Fall 2023, this public charter school aims to empower underserved students wishing to excel in STEM fields. Amid ongoing challenges stemming from the COVID-19 pandemic, the institution remains committed to fostering innovation and education without limits.Ashton emphasizes the organization's commitment to eradicating obstacles hindering student success, collaborating with the Rooted Schools Foundation on “The $50 Study,” a promising research initiative that previously yielded positive outcomes in New Orleans and Indianapolis. This pilot program will support 40 students starting soon.