With the rate of college tuition rising faster than the rate of inflation, students are relying more heavily on loans or other forms of borrowing to get that degree we've heard is so important our whole lives. Tuition bears a majority of the cost that college students pay, but another cost that recieves the lesser attention is college texbooks. Congress has began to show concern over the rising costs of textbooks by commisioning a study done by the Government Accountability Office(GAO). The GAO reported that the price of textbooks have tripled since 1986 bringing the average increase per year to six percent- twice as much as the rate of inflation. This year I would have only saved about $60 by purchasing my books online. I spent over $600 for six books. That is about one-third of what I paid for tuition. Textbook publishers claim that the CD-ROMs, study guides, and other supplemental materials are accounting for some of those costs. If my memory serves me correctly, I can only recall two classes in four years that I actually used any of those additions that created higher prices. And how many times can you revise a history book that is based on a certain time period. I say forget gas prices, I want a discount on my books!
Posted by Bob at 9/11/2005 08:43:00 PM