George Moses Horton Middle School in Pittsboro ranked first among middle schools nationwide and fourth overall in the 2023 Capitol Hill Challenge, a national financial education program. Each of the top 10 schools will attend a reception in the U.S. Capitol on June 14 and have the opportunity to meet their members of Congress.

As part of the challenge, five students at Horton Middle School, along with two advisers, learned the fundamentals of capital markets and investing. Teams nationwide manage a hypothetical $100,000 online portfolios of stocks, bonds mutual funds, investments and cash.

“Dynamic market conditions made for an exciting competition,” read a release from Chatham County Schools, “as teams vied to produce the top performing investment portfolio among participating schools nationwide.”

During 14 weeks of trading, the students at Horton made more than $9,800.

“Too many teens and young adults start out life on their own without knowing how to manage their money, and that can have lifelong implications,” said Charles Schwab managing director Kristine Dixon, whose foundation underwrites the challenge. “Programs like Capitol Hill Challenge teach middle and high school students how investing can help them build wealth over time.”

 

Featured image via Chatham County Schools

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