As school is set to begin for many Maryland families in the coming weeks, a new study has revealed the lengths parents will go to keep their kids in style.
According to a report from Bad Credit, 66% of parents would go into debt so their kids fit in at school.
The study comes as Americans continue to be strained by inflation, mostly due to tariffs imposed by the Trump administration. However, despite growing concerns, consumers are still spending, prioritizing social comfort over financial responsibility.
"Parents realize that keeping up is becoming an arms race they can't win, but they often can't help but try to do their best for their kids, even if that means making financial sacrifices about their own financial well-being," said Bobbi Rebell, a consumer finance expert. "The exp