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Parents, teachers deal with back-to-school money crunch

Seven-year-old Emma Tracy beelines to the baby blue Jansport backpack at Target when her mom, Jocelyne Tracy, asks her if she’s picked out a new bag for school. Tracy, a single, working mom, gingerly holds the price tag: $44.99. “What’s important is that it’s blue, right'” she asks her daughter. Emma nods.

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