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Article: College Students Tote $122 Billion in Spending Power Back to Campus This Year; 360 Youth College Explorer reveals new data on students' (ages 18-24) sources and uses of income.
- Article from:
- PR Newswire
- Article date:
- August 18, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCHESTER, N.Y., Aug. 18 /PRNewswire/ -- Notice a lilt in the gait of college students as they begin the familiar migration back to campus this month? It could be the weighty $122 billion in spending power they're carrying in their wallets, including $24 billion in discretionary spending. The 360 Youth College Explorer Study released today paints the picture of college students-aged 18 to 24 years, from two-year and four-year colleges and who attend part -- or full-time-as financially empowered, rife with the high-tech trappings of modern campus life and commanding nearly $13,000 of annual per capita spending.
The study sheds light on detailed financial habits ...