Parents and guardians are looking for ways to make ends meet to cover the costs of school supplies, according to a survey from Savings.com.
More than 70% expect to spend more on supplies than they did last year.
On average, parents are expected to spend $620 per student. That figure includes clothing, backpacks, textbooks, and classroom supplies.
Another 7 in 10 parents are concerned about economic uncertainty, saying they worry tariffs will drive up prices.
As a result, 72% say they’re cutting expenses and picking up extra shifts to cover the costs. That’s up from just 56% last year.
A separate Wallet Hub study found that 86% of parents think the cost of education is out of control, with most saying schools place too much of the burden on families.
To help make ends meet, Florida will hold a back-to-school tax holiday, starting Aug. 1 and lasting the entire month.
Clothing, wallets and bags will be exempt from sales tax as long as they cost $100 or less.
The same applies to school supplies that are $50 or less, along with computers priced below $1,500.
The Florida Legislature approved changes this year, giving the back-to-school sales tax holiday a permanent spot on the calendar. It will now run from Aug. 1-31 every year.