The employment rate for young adults with some college was higher than the rate for those who had completed high school (63.7 percent), which was, in turn, higher than the employment rate for those young adults who had not finished high school (46.6 percent).
According to The Knot, renting costs 10 to 30 percent of the price of a new tuxedo. CostHelper lists the cost to buy a tuxedo between $300 to $800 for a mid-range suit, but says designer tuxes can cost from $800 to $1,500, sometimes more.
I have been to several weddings with the ring bearers in tuxes and never questioned it at all... Our ring bearer is 7. I completely forgot to ask what the cost is for the children's tux, but the men's tuxes are $120.00. Of course it's not inappropriate for children to wear a tuxedo. It looks great in pictures and it introduces children to dressing up for special events.