House Judiciary Committee holds hearing to determine impeachment charges

Americans expected to spend $5.5 billion on gifts for graduating students this year

Americans are expected to spend $5.5 billion on presents for graduating high school and college students this year, according to a survey by the National Retail Federation.

According to the survey, 34 percent of respondents will buy a gift for a graduate. The average spending was expected to be $107.46.

What’s one of the most popular gifts? Cash.

According to the survey, 53 percent of gift givers will give students cash.

The next most popular choices are cards, gift certificates, apparel and electronics.

For more on the poll, click here. 

We want to know what you think:

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.