April 14, 2016 CFSI Staff

Report: College students most likely to spend money on food

What comes to mind when you imagine the eating habits of the average college student? Is it the stereotypically cash-strapped millennial stocking up on packets of ramen and macaroni and cheese, or is it the more modern foodie looking for new and exciting options at dining halls and at the hottest restaurants in town? The correct answer is both and everything in between – among other insights, Datassential’s newest Topical Keynote Report on Colleges & Universities found that while money is a concern for students, with expense being the top reason cited for not being on a meal plan (40%), most students would spend a gift of money on food over other items like clothes or electronics.

Our extensive report uncovers many more essential findings on the behaviors and wants of today’s college students, a population that is expected to reach nearly 23 million in 2017, according to the National Center for Education Statistics. The college and university foodservice segment offers a $17 billion-a-year student-spend opportunity and, in this sneak peek of the report, you’ll see how you can snag your share of the segment…

Read the full article here.

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