2 years ago
in English · 1,581 Views
likes 8clips 2comments 6
Why are College Textbooks so Expensive?
College is expensive as-is. Add in the high prices for living on-campus and supplies, and you are already broke. Now add in the price of books: Yikes.

As students head back to school at the end of the month, they have to look forward to sky-rocking book prices.

Why are these things so expensive?

Here are a couple reasons:

1. 5 publishers control 85% of textbook market. So they control the market price.

2. The typical price for a book to be made is 3 million dollars. This includes several years of research, compiling a bunch of brilliant people, and TONS of editing.

3. Students are considered 'captive consumers.' They have to buy whatever books they're assigned, and so the prices can be raised without much
NBC's review of Bureau of Labor Statistics (BLS) data, textbook prices have risen over three times the rate of inflation from January 1977 to June 2015, a 1,041 percent increase.

BUT. There is hope for the future!

More classrooms are completely dropping textbooks and going with a new way of learning: online books, photo copies, videos, other online learning tools.

The future of textbooks is looking pretty grim, but maybe we can turn it around with new was to learn.
nicolejb clipped in 2 collections
View more comments
woah, I bet that took them forever @jeff4122! must’ve been a really awesome professor.
@nicolejb she was. and we all knew she had put a ton into making the thing so we all felt obligated to read it... maybe part of her plan hahah
My advisor told me that all teachers were sent two copies of each book and required to put one on file at the Library. On the first day, I would ask the professor to confirm the book was in the library. If they gave me the runaround I just say "I"ll ask the dean for a copy then." They knew I was aware of the policy so almost all placed the book there. That little tip save me thousands in book fees in college. I would just go to the Library and print out what I needed and create my own textbook with a folder. Simple!
That’s a smart way to go about it @christianmordi! I definitely got creative too. Some of my friends that had similar classes would even pool together and each get a book from different classes, and then just share and study together. it worked out really well!