This is a textbook example of a shakedown | NOLA.com
ab1630's bookmarks 2018-08-29
"When University of Louisiana at Lafayette students took to social media last week to vent about the $999 online price tag for a book required for one accounting course, the school quickly scrambled to provide an explanation. "We're sorry that the price for the Acct 202 online text has caused so much strife & are working with the publisher to lower it to match the hard copy cost," UL Lafayette said on its Twitter account. "The $999 price was set w/ good intentions, though we realize now that we needed to explain the rationale behind it better." In a statement first reported by The Lafayette Advertiser, the school explained that the book's publisher, "after conversations with the Department of Accounting" at ULL had set the online price "at nearly $1,000 to discourage students from choosing to buy materials directly from its website" because the publisher and the school "believed it was best for the students to use a printed textbook," which could be purchased, along with accompanying materials, at the campus bookstore for $313...."