Skip Navigation
small NCES header image

Youth Indicators 1996 / Indicator 43


Indicator 43. Spending Patterns of High School Seniors


Spending patterns of employed high school seniors, by sex, race, and college plans: 1981, 1991, and 1992

----------------------------------------------------------------------------------------------------
                         |        |         |       Percent of 1992 seniors
                         |        |         |-------------------------------------------------------
         Type of         |Percent |Percent  |       |     Sex     |      Race     |           Not
       expense and       |   of   |   of    |       |-------------|---------------|Planning planning
       portion of        |  1981  |  1991   | Total |      |      |       |       |to go to to go to
     earnings spent      |seniors | seniors |       | Male |Female| White | Black | 4-year   4-year
                         |        |         |       |      |      |       |       |college  college
-------------------------|--------|---------|-------|------|------|-------|-------|-----------------

   Savings for education
None or only a little ...    70.2      72.4    73.0   75.7   70.4    72.5    73.7     69.1     84.8
Some ....................    12.4      10.6    11.1   10.1   11.8    11.7     9.3     12.5      6.7
About half ..............     6.4       7.7     6.3    5.1    7.4     6.0     7.2      6.8      4.7
Most ....................     6.4       4.5     5.5    4.8    6.4     5.7     6.4      6.5      2.4
All or almost all .......     4.6       4.9     4.2    4.4    4.1     4.2     3.4      5.1      1.4

   Car expenses
None or only a little ...    62.4        57    59.9   54.6   65.0    56.8    76.5     63.5     49.0
Some ....................    14.7      16.1    15.4   17.9   13.1    16.3    12.2     14.0     19.3
About half ..............    11.1        11    10.5   12.6    8.4    11.1     4.8     10.0     11.7
Most ....................     6.6         9     8.0    7.9    8.0     9.5     3.6      7.3     10.7
All or almost all .......     5.3       6.9     6.1    6.9    5.5     6.3     2.9      5.0      9.4

   Long-range savings
None or only a little ...    70.7      71.2    72.0   72.8   71.5    71.4    73.1     71.8     73.3
Some ....................    13.4      15.3    13.3   13.2   13.5    13.4    13.8     13.8     11.1
About half ..............     7.0       5.9     6.1    6.2    5.8     6.7     4.9      5.7      7.7
Most ....................     4.3       4.2     4.4    4.5    4.1     4.6     3.8      4.4      4.9
All or almost all .......     4.6       3.4     4.2    3.3    5.1     3.9     4.5      4.4      3.0

   Personal items
None or only a little ...    24.6      23.1    25.9   26.6   24.3    24.6    28.7     25.2     28.6
Some ....................    19.1      20.3    18.3   17.6   19.1    19.2    13.4     18.9     16.3
About half ..............    17.1      16.5    16.7   19.5   14.4    17.3    11.1     16.9     16.3
Most ....................    16.8      16.5    15.6   15.5   15.6    16.4    14.3     15.9     14.7
All or almost all .......    22.4      23.5    23.5   20.7   26.6    22.5    32.6     23.1     24.1

   Family expenses
None or only a little ...    82.0      80.7    80.3   82.5   78.8    86.4    65.2     83.0     72.5
Some ....................     9.7       8.4     9.9    9.7    9.2     7.2    17.3      8.7     13.0
About half ..............     3.6       4.9     4.0    3.0    4.9     2.6     5.5      3.5      5.3
Most ....................     2.0       2.4     2.0    1.7    2.3     1.3     3.9      1.9      2.4
All or almost all .......     2.8       3.6     3.9    3.1    4.8     2.5     8.2      2.9      6.8
----------------------------------------------------------------------------------------------------

SOURCE: University of Michigan, Institute for Social Research, Monitoring the Future, 1981, 1991 and 1992.

Indicator chart and text.


[Indicator 42. Employment of 16- and 17-Year-Old Students]Previous Table of Contents Next[Indicator 44. Spending of Young Adults]

Would you like to help us improve our products and website by taking a short survey?

YES, I would like to take the survey

or

No Thanks

The survey consists of a few short questions and takes less than one minute to complete.
National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education