It’s the largest number in this history of the National Retail Federation Survey.
LINCOLN, Neb. (KLKN) – The average cost to go back to school is now at a record high for the 2021-2022 school year. Parents of students in Elementary school through high school plan to spend $848.90 on supplies and necessary items, according to the National Retail Foundation.
For college-aged students, the number goes slightly over $1200.
“The pandemic forced parents and their school-aged children to quickly adapt to virtual learning, and they did it with an incredible amount of resolve and flexibility,” NRF President and CEO Matthew Shay said. “We enter the new school year with plans to return to the classroom and retailers are prepared to help Americans find and purchase whatever they need to make this transition as seamless as possible.”
Total back-to-school spending for primary schools is expected to reach a record $37.1 billion, up from $33.9 billion last year and an all-time high for the NFR survey.
Total back-to-college spending is expected to reach a record $71 billion, up from $67.7 billion in 2020. This increase is said to be because of more electronics purchased and those necessary dorm room supplies.
Originally Appeared Here