06/01/2009 05:12 am ET Updated May 25, 2011

Parents Struggle To Pay For Lavish Proms Despite Recession

So the Rescotts are trying to help their daughter pay for the prom while bracing for what lies ahead: more job uncertainty, along with bills for Lindsay's tuition at the University of Massachusetts at Amherst. They have helped pay $300 toward a gown and $200 for prom tickets and are sorting out how to pay for smaller expenses like hair styling and after-party spending.