Beauty Pageant Economics: The Sash Isn't Cheap

From directors to designers, almost everyone in beauty pageants turns a profit. But not most of the contestants. Many can wind up spending thousands of dollars for entrance fees, the perfect gown and top-notch coaching. For most contestants, it's an expensive hobby with little or no financial reward.

Source: http://www.npr.org/2012/12/01/166256500/beauty-pageant-economics-the-sash-isnt-cheap?ft=1&f=1003

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