You might think I'd be against this program that will pay students $8/hr just to study. And you'd be partly right, partly wrong.
You'd be right that, in principle, I'm against this policy. In fact, Joanne (see blogroll) had a post a couple weeks ago quoting a report that such bribery schemes don't really work. I'd suggest that such programs are probably counter-productive, but hey, give it a try. It may not do any good, but there's no evidence it'll do harm. According to the report mentioned above, after the incentive is removed the students just revert to where they were before the incentive was instituted. No harm, no foul.
I wouldn't try to stop this program because it's not publicly funded. If some fool wants to give his money to poor kids, and the money causes no harm, more power to him.