It’s that time of year where commencement ceremonies are happening at colleges and universities. And according to a new survey, the class of 2015 just may be the most spoiled ever.
That’s because this survey found that Americans will spend $4.8 billion on gifts this year. That is the highest amount in the survey’s 10 year history.
According to the survey, the average gift-giver will spend about $102 and will shop for two graduates this season.