More Than Beer and Pizza: Back-to-College Sales Expected to Exceed $47 Billion

* Students living on campus are expected to spend the most ($1,529.45 on average), followed by students living off campus ($1,161.98) and living at home ($774.86); and

* Freshman, with an average of $1,193.60, will spend the most this year, while sophomores ($748.29) are expected to spend the least.

As to where these students and parents are choosing to spend their money: