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The Independent UK
The Independent UK
Graig Graziosi

Nearly half of parents say they plan to go into debt this year to pay for school supplies because they are so expensive

Fears over rising prices — driven in part by President Donald Trump’s tariffs — are convincing some parents to shop early and even consider going into debt for their children’s school supplies.

According to a report from Intuit Credit Karma aimed at parents with school-age children, 39 percent of respondents said they can't afford their back-to-school shopping this year. In the same survey, 44 percent of respondents said they planned to go into debt to cover the costs of school shopping.

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