Two-thirds of parents say they are willing to go into debt to help their children fit in at school, according to a recent BadCredit.org study, revealing just how emotionally loaded and financially unsustainable the back-to-school season has become for millions of American families.

Americans are still feeling the pinch of inflation . Yet, despite the soaring costs of essentials, many American parents are prioritizing social comfort over responsible spending.

Instead of operating within a budget, parents are letting the fear of their children being left out drive their spending decisions. This, in turn, is causing some parents to spend beyond their budgets or lean on credit cards to finance back-to-school supplies.

According to our survey, parents increasingly feel a sense of obli

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