(CBS DETROIT) – Back to school spending could actually see a record this year.

According to the National Retail Federation, families are projected to spend more than $101 billion on students, in grades K-12 and college.

Last year’s total was $80.7 billion.

With the rise of remote learning, 63 percent of households said they are planning to buy electronics for this school year.

© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.