Cash Is King When It Comes to Graduation Gifts

This cap-and-gown season, Americans are expected to spend a total of $5.5 billion in presents for graduating high school and college students, according to the National Retail Federation. And while it might not be the most creative option, 53% of gift givers will be presenting graduates with cash.

In total, an estimated 34% of Americans plan on buying presents this year--averaging $107.48 in expected spending.

“We are seeing an increase in spending over last year by about $5 on average per...

What feeling does this article give you?

#hashtags to follow:

Americans [+]    National Retail Federation [+]   

More #news: