Congratulations to 2016 Vermont Treasury Cup Challenge Winner, Essex High School!
It came down to the wire. Following more than 17 rounds of head-to-head competition, Essex High School emerged as the winner over Mount Mansfield Union High School to win the championship of the 2016 Vermont Treasury Cup Challenge. MMU finished second. The day-long competition tests student knowledge in personal finance and economics. This was the eighth year for the statewide high school tournament directed by the Vermont State Treasurer’s Office.
“This is an academically challenging event that promotes educational opportunities in economics and personal finance in Vermont’s high schools,” said State Treasurer Beth Pearce. “I am always impressed by the commitment teachers and their students make to tackle these subjects to prepare for competition. Having a solid grasp of personal finance and economics will benefit students now and in the future.”
Ten high schools competed in the March 11 tournament held in Montpelier. Third place was won by South Burlington High School and Winooski High School finished fourth. It is a double-elimination tournament whereby four-person student teams compete in a quizshow style contest. Each member of the championship team received a $500 college savings account and members of the second place team a $250 account, donated by the Vermont Student Assistance Corporation. The winning team also won the right to display the large gold traveling trophy at their school for one year. Individual trophies were awarded to students on the first through third place teams. The tournament is underwritten by the TD Bank Charitable Foundation.
“Competing for the Treasury Cup is an awesome experience for the kids,” said Essex High School coach Charlie Burnett. “They get to rub elbows with other students studying the same kinds of materials, have fun with each other, and try their best to advance in the tournament. We always learn something new each year we participate.
New this year, the winner of the Treasury Cup won the right to represent Vermont as a semi-finalist in the National Economics Challenge. Essex High School will compete in the Adam Smith Division for schools with an advanced placement economics program. Mount Mansfield Union will compete in the David Ricardo Division for semester general economics students. If each team scores high enough on an online national test in April, they would be invited to the national finals in New York City for an all-expenses-paid trip and other awards.
“The cup is elusive and difficult to capture, ” said Mt. Mansfield Union student Loughlin Neuert. “But the voyage . . . will test your mettle.”
Learn more by going to the Challenge web site.