One in three parents are taking on debt to meet back-to-school expenses, with average borrowing reaching €376 per family, according to a new survey by the Irish League of Credit Unions.
The annual study of almost 730 parents reveals that primary school costs have risen to an average of €1,450, up €364 from 2024, while secondary school expenses average €1,560, an increase of €159.
More than a third of parents reported having to deny their children at least one back-to-school item, with new gym gear being the most commonly refused purchase. After-school care represents the largest expense for primary school families at €197.
The financial strain is forcing families to make difficult sacrifices, with 18% now cutting back on food compared to 13% in 2024. Family holidays remain the biggest sacrifice at 37%, up 6% from the previous year.
The survey found that 78% of schools request “voluntary” contributions, while 36% of households are carrying debt exceeding €500. Nearly two-thirds of parents feel pressured to buy branded items for their children, representing a 6% increase from 2024.
ILCU chief executive David Malone said the findings reflect broader cost-of-living pressures, with 61% of parents believing schools do not do enough to keep costs down. The majority of parents now shop online seeking better deals for school supplies.