Eighth Grade Charter Students Place First and Third in State in Christmas Price Index Math Competition

School Becomes Highest Ranking Middle School in State to Win Honor

Two eighth grade student teams at the Sussex County Charter School for Technology demonstrated their understanding of global consumer prices by placing first and third in N.J. in the PNC Christmas Price Index® Research Game. They were the highest ranking middle school students in the state to win the honor. Second place went to Moorestown High School.

Math students across the country were challenged to research the prices of items mentioned in the popular holiday song, The 12 Days of Christmas, and compare those prices to what the items cost in the past. The students who researched the correct prices and found accurate year-over-year percentage increases won awards.

Charter students and eighth grade math teacher, Carolyn Sior, received a trophy for their achievement and $100 gift certificates at a school wide awards assembly with the competition’s sponsors, the SIFMA Foundation and PNC. The students’ math class also received a free pizza party.

“We are so proud that our students are continually able to connect math and finance with something they can relate to in their everyday lives such as the 12 Days of Christmas,” said Jill Eckel, principal of the Sussex County Charter School for Technology. “We are committed to continually challenging our math classes to use problem-based learning and 21st century skills, such as working in teams and researching financial information online. We could not be more delighted with their hard work and achievement in these areas.”

According to the competition’s website, “the PNC Christmas Price Index is similar to the U.S. Consumer Price Index, which measures changes in prices of goods and services like housing, food, clothing, transportation and more that reflect the spending habits of the average American.”

PNC released their annual holiday index which unveiled that the overall costs for all of the gifts given in the 12 Days of Christmas would have increased approximately 1% from $27,393 in 2013 to $27,673 in 2014.

For more information on the program, please visit www.pncchristmaspriceindex.com.