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Youth Indicators, 2005: Trends in the Well-Being of American Youth

Indicator 38: Spending Patterns of High School Seniors

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Table 38. Percentage distribution of spending patterns of employed high school seniors on selected activities or expenses, by sex, race, and college plans: Various years, 1991 to 2001
 Percent of 2001 seniors
 SexRace 
Spending pattern and portion of earnings spentPercent of 1991 seniorsPercent of 1995 seniorsPercent of 2000 seniorsTotalMaleFemaleWhite non-HispanicBlack non-HispanicPlanning to go to a 4-year collegeNot Planning to go to a 4-year college
Savings for education
None or only a little72.471.973.170.673.668.570.765.568.079.8
Some10.611.19.812.511.712.512.713.213.58.2
About half7.77.77.49.17.011.29.29.19.96.2
Most4.54.95.24.75.54.05.06.35.13.4
All or almost all4.94.44.53.12.33.82.46.03.52.4
Car expenses
None or only a little57.058.854.254.946.862.351.960.656.647.9
Some16.115.116.217.822.813.619.314.317.519.7
About half11.010.611.212.013.110.813.58.811.214.6
Most9.09.09.87.69.36.28.06.97.58.0
All or almost all6.96.58.67.67.97.17.29.57.19.7
Long-range savings
None or only a little71.271.167.866.666.167.766.760.966.368.4
Some15.312.315.014.715.713.916.015.015.312.3
About half5.98.06.39.89.89.69.79.89.510.9
Most4.24.24.94.94.15.34.96.55.04.4
All or almost all3.44.46.03.94.43.52.77.83.94.0
Personal items
None or only a little23.123.924.923.825.322.624.518.622.031.1
Some20.318.715.816.518.115.117.912.216.914.9
About half16.515.515.818.317.918.519.212.218.219.0
Most16.518.519.118.918.619.018.719.919.614.6
All or almost all23.523.524.422.420.124.719.737.123.220.3
Family expenses
None or only a little80.780.875.975.880.672.183.954.177.270.7
Some8.48.611.311.07.214.08.616.410.711.8
About half4.94.55.25.85.46.23.413.05.57.3
Most2.42.43.13.12.83.52.33.52.54.6
All or almost all3.63.74.54.34.14.11.812.94.05.5
NOTE: Portions of earnings spent were defined as follows: a little (1-20%), some (21-40%), about half (41-60%), most (61-80%), and almost all (81-99%). The response rate for this survey does not meet NCES statistical standards. Detail may not sum to totals because of rounding.
SOURCE: University of Michigan, Institute for Social Research, Monitoring the Future, various years.

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National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education