1. "Prom is the new wedding" — at least when it comes to the price tag, says Hadley Malcolm in USA Today. The springtime high school dance is becoming extremely expensive. This is social-arms-race spending, says Jason Alderman at Visa, which recently released a new survey of prom spending. Here, a look at some of the eye-popping numbers: 

    $1,078 — Amount the average family with teenagers will spend on prom this year

    $807 — Amount the average family spent last year

    61 — Percent of the costs parents will cover

    $1,200 — Amount spent by families earning less than $20,000 a year

    $2,635 — Amount spent by families earning $20,000-$29,999 a year

    $695 — Amount spent by families earning $40,000-$49,999 a year

    $696 — Average Midwestern family’s prom spending

    $1,944 — Average Northeastern family’s prom spending

    More numbers

     
  1. betty-morris reblogged this from marvelstar88
  2. robocole reblogged this from theweekmagazine and added:
    Well. My future kids won’t be going to prom.
  3. lt-gregtaka likes this
  4. stupidwedding reblogged this from theweekmagazine and added:
    Prom or Wedding - the end of the night typically involves alcohol and unprotected sex.
  5. getvioletready reblogged this from theweekmagazine
  6. midnight-overdrive likes this
  7. therealkatierich reblogged this from theweekmagazine and added:
    WTF?!
  8. marvelstar88 reblogged this from theweekmagazine and added:
    This is just ridiculous.
  9. jynx-removing reblogged this from theweekmagazine and added:
    This seems absurd, I’m pretty sure I spent $60 on senior prom, and $35 on junior (and this is including the price of the...
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  12. daenouement23 reblogged this from theweekmagazine and added:
    Unfortunately, I remember my prom. I didn’t even want to go but then thought I would regret my decision later in the...
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  17. angelawublog reblogged this from theweekmagazine and added:
    You have got to be kidding.
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  19. foreveryoungatgallifrey reblogged this from speaktomeofsadness
  20. speaktomeofsadness reblogged this from theweekmagazine and added:
    … This is ridiculous. We never spent more than $200 for everything I needed for prom, for both years combined.
  21. bonmaterie likes this
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  25. theweekmagazine posted this