Child actors' wages

Should Child actors be allowed to keep their wages?

     In 1939, Jackie Coogan, a famous child actor, sued his mother and former manager for allegedly "stealing" his actor wages. Although it was not stealing because it was the law, Jackie Coogan felt that he was being stolen from because his father had died and his film career had started to dwindle. Today, we see several child actors in hollywood such as those from the movie Super 8. In the picture above we see Joel Courtney, Riley Griffiths, Ryan Lee, and Gabriel Basso. This issue is not being addressed enough in the media. Since 1939, the Jackie Coogan law allows children to take property of their wages although 15% is put into a blocked account until 21. So what are the pros of cons of this law?

Pros

• Children can choose what to do with their money.
• Bad parents cannot take advantage of the child's money.
• Children cannot go completely bankrupt

Cons

• Irresponsible children can blow off 85% of their earnings.

Need more info? Check out this link:

http://www.sag.org/content/coogan-law