Back-to-School Economics

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It will make some parents nostalgic for the days when kids walked barefoot to school and wrote with old pieces of charcoal. A study by Maritz Marketing Research finds the average two-schoolkid household will spend $787 on back-to-school necessities. Clothes (including shoes) account for $421 of this. Supplies like backpacks, gym uniforms and pens take up another $138. Extracurricular activities soak up $228 for sports equipment, musical instruments and whatnot. The start of school also means many kids will resume their role as latch-key children.

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