Parents are already struggling with the rising cost of living, but back-to-school expenses are now pushing them into debt.
According to a
new survey, this year's back-to-school expenses are leaving more parents with debt, including credit card debt.
The results of the survey of 764 parents found that a whopping 66% admit that the back-to-school costs are a financial burden.
Price increases across a range of areas including school books, uniforms, and transport are adding to their worries.
67% of parents will limit or deny extracurricular activities to their children because they simply cannot afford them.