Rising costs cause cuts in summer spending: survey
CNATAIPEI--Approximately 40 percent of parents are reducing the budgets for their children's summer activities because of the rising costs of living, according to the results of a survey released Wednesday.
June 7, 2012, 12:11 am TWN
Twenty-three percent of parents, meanwhile, have not allocated a budget for their children to take part in summer camps this year.
The survey reveals that when arranging summer activities for their children, 76 percent of parents will consider their content and 44 percent will look at the costs involved.
Family travel is the most popular summer activity, favored by 56 percent of parents, followed by private tuition and talent classes.
The survey was conducted by the King Car Education Foundation on 1,152 parents and 1,201 students between fourth grade and sixth grade. It has a margin of error of plus or minus 3 percentage points.