Racist or not?...you make the call.

[Skipbidder]

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What about gipped? I said that in class once and my teacher flipped her cookie. "I don't wanna hear you say that in my class room ever again!" I reply with a confused look, "I said gipped not japped." She wasn't amused.

Is it like.. a disrespectful term against.. gypsys?

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Yes, "gyped", from Gypsy (Roma).
Few people who use it know the origin, and some others argue for a different etymology.

She played this one wrong. It was a teaching moment, not a flipping-out moment.