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86% of parents think cost of education is out of control, new survey says

Most parents say schools are asking too much when it comes to their back-to-school shopping list, according to a new WalletHub survey.

According to the survey, 70% believe schools want families to buy too much, and 86% of parents think the cost of education is out of control. In addition, 52% said they expect to pay more than last year.

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Back-to-school spending is expected to reach an estimated nearly $40 billion — with families on average spending $875 per student on clothing, shoes, electronics and necessary school supplies.

When it comes to saving money, coupons are the most popular method, followed by applying for a new credit card or shopping during a sales tax holiday.

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Florida’s back-to-school sales tax holiday begins Monday. It runs through Aug. 11.


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