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Unexpected back-to-school expenses can easily add up this fall

Unexpected back-to-school expenses can easily add up this fall

Finance
Watch out, parents: Back-to-school season can easily put a four-figure dent in your budget.Parents of high school students can expect to pay an average $ 1,489 per child for school supplies and activity fees, according to the annual Huntington Bank Backpack Index. That's a drop of $ 9, or less than 1 percent, from 2016. Parents of elementary-school students can expect to pay an average $ 662 per child, up 1 percent from last year. Middle-school students' parents will fork over $ 1,001, a 4.6 percent increase. Some parents expect to shell out even more. One in 5 parents said they plan to spend more than $ 2,000 per child in back-to-school shopping, according to a new Capital One survey. Teen boys and girls said the most important items to have when returning to school are new clothes and ne...