Grand Rapids – City High Middle School is the runner-up in the Capitol Hill Challenge, a national program that sees public school middle and high school students learn about markets and investing before putting their education to the test by managing stocks, bonds, mutual funds and cash.
Each team is paired with its U.S. representative or senator, and City High Middle was matched with Rep. Peter Meijer (MI-3).
Seniors Carson Przybylski, JoLeigh Kenoshmeg, Ella Moxon, Siona (Rem) Wilson and Scott Ferris comprised City’s five-person team, while social studies teacher Mark Van Goor was the squad’s mentor. City was the only Michigan school in the top 10.
Van Goor said the national runners-up were impressive with both their research and diligence.
“This was a particularly difficult time to invest and make a profit, so the fact that they not only made money but came in second place is especially impressive,” he told SNN. “We are very proud of them.”
According to a press release from the SIFMA Foundation, which sponsors the program, the 14-week competition teaches students the importance of saving and investing, while promoting a better understanding of civics and fiscal policymaking.
The Capitol Hill Challenge began in 2004 and uses the SIFMA Foundation’s Stock Market Game program which was founded in 1977 at Buffalo State.
All of the schools in the Top 10, including City High Middle, beat the S&P 500 index and had double-figure asset appreciation.