The next time someone makes the claim that "today's teenagers will be the first generation in American history to be less well off than their parents", show them "Stuff 101". I know, I know, a couple of anecdotes is not convincing, but still . . .
It's about all the stuff kids take to college.
You wouldn't believe it. . . .
Each year, the National Retail Federation asks incoming college students how much they and their families plan to spend on college. Last year, students estimated they would spend $34.4 billion on college merchandise, up one-third from the year before. Freshmen planned on spending the most -- an average of almost $1,200 per student. . . .
But the definition of basic has expanded. Is the Halo 2 video game that much better than the original? Does a young woman really need 12 pairs of high heels?