The Backpack Index?

by Andi on July 6, 2006

in money

I guess since it is after the 4th of July, the back-to-school campaigns are kicking into high gear, which makes me sad. Let’s enjoy summer while it is here!

In any care, the Cincinnati Business Courier ran “Huntington launches ‘backpack index’ for back-to-school costs.”

Huntington Bancshares Inc. has developed a “backpack index” for parents to plan upcoming school expenses. The index projects parents will spend about $307 in supplies for elementary school-aged kids, $438 for middle school children and $669 for high school students.

The index includes $228 representing fees for extracurricular activities and $39.99 for a cell phone for middle school and high school students.

I guess when you add up new clothes, supplies, activities and gadgets it is pretty easy to rack up 300 bucks or more per student! Hopefully as the start of school draws closer, the PF blogging parents will share about how much they spend on their children and/or how they do it econmically!

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