The Source: Research shows that students like to buy electronic products and show off their laptops and smartphones when classes start

A survey conducted by market research company The Source shows that only 11% of students plan to show off their new fashions to classmates, while 53% of students are willing to use and share technology products with friends, and some of these products may be beyond everyone's expectations. This article comes from IASK.CA

Melanie Raposo, a technology expert at The Source , said that in addition to the two technology products mentioned above, large headphones are also a favorite product for students, with nearly one-third of students planning to buy them.

Of course, the most important thing considered as a back-to-school necessity is a laptop (74%), 70% require a mobile phone, and 30% require the purchase of large headphones.

Lapso said that in the past, fashion was considered a must-have for students when it comes to back-to-school, but now students are more interested in technology products. As for the use of these technology products, in addition to using them for research and completing homework, they are also used to keep in touch with friends and for entertainment.

More than 60% of the students surveyed chose more than one technology product as a must-have for returning to school. As for how they use these technology products, 73% said they are used for research, study and homework; 57% for entertainment; 43% for contacting friends and family; 25% for working in the classroom; and 25% said it helps them stay active.

34% of students use loans or scholarships to pay for school fees

The average cost is over 1,000 yuan. Books need to be bought in advance. Home Forum. This article comes from Canada Home Network.

A survey on the back-to-school shopping expenses of post-secondary education students shows that students in universities and colleges across the country will spend an average of 1,121 yuan on back-to-school supplies in recent years. In addition to books, new clothes are the shopping category that most people plan to prepare before school starts.

The online survey, commissioned by Bank of Montreal (BMO) and conducted by Pollara, showed that 88% of the students interviewed said books were the item they most needed to buy in advance; 58% said they would definitely buy new clothes, 41% said they would buy electronic products, with more people preferring to buy computers rather than mobile phones; and another 20% said they wanted to buy furniture.

As for where the money will come from, 34% said they would use student loans or scholarships; 30% said they would rely on help from family or friends; and 27% said they would buy with credit cards first and pay it back later.

According to the survey data, in 2014, students in higher education spent between $800 and $1,200 on books and stationery; $300 to $500 on new clothes including shoes and socks; $1,000 to $1,600 on additional electronic products; and $200 to $1,000 on additional furniture. This means that the total back-to-school expenses, including additional consumer goods, will be between $1,200 and $2,600. Home Forum

Paul Kyte, vice president of commercial banking at BMO, said retailers specializing in back-to-school supplies can expect a strong boost as the back-to-school shopping season gets underway, while those that rely on loyalty rewards programs will receive the greatest support from post-secondary students.

Benjamin Reitzes, senior economist at the bank, believes that back-to-school shopping is the most important sales season for many retailers. Total retail sales will rise by 3.5% to 4%. He said: "In the past 20 years, people's enthusiasm for post-secondary education has been increasing, and there are about 2 million students driving the development of this retail market. As people continue to attach importance to higher education, this trend will continue."

73% of college students owe more than 10,000 yuan before graduation

A recent survey shows that nearly 73% of post-secondary students in the country believe that their debt will exceed 10,000 yuan before graduation, and 40% of them think that it will exceed 25,000 yuan. Overall, 66% of them believe that they can pay off their debt within 5 years after graduation.

The survey, conducted by CIBC Bank, found that 51% of students surveyed said they had to borrow money to pay for tuition, living expenses and books during their post-secondary education. According to the Canadian Federation of Students, Ontario and the Maritimes have the highest student debt in the country, at an average of $28,000.

Although students have considerable debts, most believe they can pay off their debts within five years after graduation, and 34% of respondents said it would take more than six years to pay off their debts.

Christina Kramer, executive vice president of retail and commercial banking at CIBC, believes that this idea of ​​students is not very realistic because when they start looking for jobs after graduation, many of the accompanying expenses will take up a large part of their salary. For example, they need to live away from their families because of work needs, save money for down payments on cars and houses, and some even have to take care of a newly established small family.