What if You Can’t Afford Your Kids’ School Supplies?



By Geoff Williams

You don’t have to go to school to do math. You could make up some interesting equations using the amounts of money Americans spend on back-to-school supplies. According to an annual survey from the National Retail Federation, total spending on school supplies is expected to reach $75.8 billion this year. Last year, it was $68 million. That’s a percentage increase of … uh … well … maybe you do have to go to school to do math.

Anyway, what consumers spend on school supplies is high. Parents will drop an average of $674 on school supplies this year, up from $630 last year.

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