Back-to-college spending, which includes graduate students, is expected to fall 4%. BIGresearch, which conducted the survey of 8,367 consumers for the National Retail Federation (NRF), says those who are going away will actually spend more than last year. But more young people say they are postponing advanced degrees or are planning to live at home while attending school, contributing to an overall decline in spending. "The economy is forcing young adults to make hard decisions about which schools to attend, where to live, and what's really a 'necessity' for college," says Tracy Mullin, the federation's CEO. Read more at:
http://www.usatoday.com/money/industries/retail/2009-07-13-slow-back-to-school-shopping_N.htm
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