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Teachers Must Budget for Hundreds of Dollars in School Supplies

August 7, 2018

By: Jill Cornfield

Source: CNBC

Kids love it, parents may dread it, but one thing’s certain: The annual school shopping ritual is a smack to the wallet every year.

This year, back-to-school spending will hit $82.8 billion for K-12 and college combined, according to the National Retail Federation’s annual survey. That’s almost as high as last year’s $83.6 billion.

As well as money, families spend precious time scanning sale circulars and crossing off items on their school shopping lists.

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