I was just reading this to my DH and we are SHOCKED to say the least. I typically spend $5 per teacher (last year was different, I loved the teachers and spent a few extra, literally, like $3 extra.) for the end of the year gift and normally make fudge and other goodies wrapped pretty at Christmas that the kids have helped me make (yes, no homemade rule at our school but the teachers can decided if they want to eat them or not. I know they do cause they often eat a nibble as soon as they look inside.) I know we don't live in an expensive area, but wow! Anyway, DH pointed out that you should be careful giving too much as many teachers are not allowed to accept excessive gifts and cash (which a high gift card could be looked at as being.) I like the idea of $5 per kid for a gift card and I used to be the room mom with my oldest and we did that, but since the school has done away with room moms so we have no way of doing it. Also, we stopped the gifts at MS as well, way to many teachers. She would give a candy cane or someting just to say Merry Christmas, but that is all we can afford for her 9 teachers.
Side note, It will be interesting to see what the teachers are given this year at my kids' school. Our school district closed our school and they are at a new school this year. We were at the "poorest" school in the district and my kids are now at the "wealthiest" school in the district, I wonder if we will see a big change. Doesn't matter, we still can't afford more, and I think what we do is thoughtful.