The price to pay: What textbooks cost a college education - The Triangle
peter.suber's bookmarks 2021-01-27
Summary:
"Williams is not the only student who has chosen to stop buying textbooks to save money. According to a 2015 study conducted by the Student Public Interest Research Group, Williams is among 65 percent of college age students who opted to save money by not purchasing textbooks.
The price of textbooks is an ever-growing issue in post-secondary education. Over the past 30 years, prices have risen more than 800 percent, which according to the Bureau of Labor Statistics, means book prices are showing a more rapid price increase than both medical services and home ownership.
This growth can be attributed to the market structure of the textbook industry: the customer and provider don’t fill their typical roles...."