Bank Apologizes for ‘Degrading’ Stunt [Video]
A competition pitting 10 teachers against each other to scramble for cash to pay for school supplies has been described as “demeaning” and “dystopian.”
A recent Sioux Falls hockey game featured a “Dash for Cash” wherein $5,000 in single dollar bills were laid out on the rink and teachers from nearby school competed to grab as many as possible in less than five minutes.
Footage of the competition quickly spread on social media, prompting backlash and comparisons to Netflix’s Squid Game.
CU Mortgage Direct bank and the Sioux Falls Stampede hockey team issued a joint statement of apology.
“Although our intent was to provide a positive and fun experience for teachers, we can see how it appears to be degrading and insulting towards the participating teachers and the teaching profession as a whole. We deeply regret and apologize to all teachers for any embarrassment this may have caused,” the statement read.
According to the National Education Association, the average teacher salary in South Dakota is $48,984 — the lowest in the U.S.
The South Dakota Education Association put out a statement condemning the Dash for Cash event and the state’s overall commitment to teachers.
“While the Dash for the Cash may have been well-intentioned, it only underscores the fact that educators don’t have the resources necessary to meet the needs of their students. As a state, we shouldn’t be forcing teachers to crawl around on an ice rink to get the money they need to fund their classrooms. We need to do better for our educators, but, more importantly, we must do better for our students.”
During her budget address to the state legislature earlier this month, South Dakota Gov. Kristi Noem (R) proposed a 6% increase in state aid to education funding, saying it should go directly to teachers.