According to study of student expenditures at yale University in 1915, one college freshman spent $4,500 in his first year. The least amount spent by a freshman that year was $200, or $4,201 adjusted for inflation.
And according to national Retail Federation there are $10.5 billion gearing-up for campus this year.
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The S&P 500 index is a stock market index which tracks the top 500 public companies by market cap. This is generally considered a good indicator of the health of the United States economy since other indexes such as the DOW and Nasdaq have either too few equities in the index or are weighted too heavily toward technology respectively. The below infographic shows each time a news contribu...
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