This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Lear Corporation, Detroit Public Schools Team Up For Comprehensive New Three-year Student Tutoring Program To Strengthen Educational Pathways And Lifelong Learning

Stocks in this article: LEA









DETROIT, June 14, 2012 /PRNewswire/ -- One hundred East English Village Preparatory Academy high school students will travel four days each week to neighboring J. E. Clark Preparatory Academy beginning this fall under an innovative paid tutoring program aimed at raising student achievement and supporting successful transitions to high school. The three-year, $1.5 million project, jointly developed by the schools' principals, district academic leadership, Lear Corporation and partners, is being funded by Lear Corporation. The program will annually involve several hundred children on both sides of the tutoring equation. The partnership additionally will address computer resources at Clark, provide mentoring by Lear executives to the schools' principals and support neighborhood efforts to improve the physical environment around the schools.

The announcement was made today at a school assembly on the final day of the 2011-12 school year with students, teachers, partners, district and Lear leadership and community members present. Detroit Public Schools Emergency Manager Roy S. Roberts announced plans to organize a corporate involvement conference by late summer aimed at attracting other corporate partners and expanding existing partnerships to similar levels as part of the DPS Business Corps. Lear, a leading global supplier of automotive seating and electrical power management systems founded in Detroit and based in Southfield, is listed as #189 on the Fortune 500 List of companies, with $14 billion in sales and over 100,000 employees at 207 facilities in 35 countries.

"This is an opportunity for us to build upon existing successful programs at Clark and to bring a tutoring initiative to full scale to be most effective, while providing a link to lifelong learning for the high school and elementary-middle school students as well," said Lear CEO Matt Simoncini, who graduated from DPS' Clark Elementary.

Simoncini will hold a seat on the school's new Parent Advisory Council on Student Achievement, a key component of the new Detroit Public Schools 2012-13 Academic Plan, "Higher Standards for All" with the student at the center of a wrap-around service model. The new project directly aligns with the Academic Plan's Four Core Strategies including building strong relationships with students, families, and the community to increase trust and shared responsibility.

Under the program, high school students will receive community service credits as well as payment for their tutoring service. Lear and the schools will partner with a financial institution to open bank accounts for direct deposit, and financial literacy programs will be created for the students.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs