Tag Archives: Why Textbooks Cost So Much:

Why textbooks cost so much

19 Aug

As the cost of a college education rises, everyone is looking at ways to reduce cost so that more students are not priced out of a college education. Allen Grove has a good article at About.Com which gives some reasons for Why College Books Cost So Much? http://collegeapps.about.com/od/payingforcollege/f/college-books-cost.htm The Economist wrote in the article, Why textbooks cost so much:

STUDENTS can learn a lot about economics when they buy Greg Mankiw’s “Principles of Economics”—even if they don’t read it. Like many popular textbooks, it is horribly expensive: $292.17 on Amazon. Indeed, the nominal price of textbooks has risen more than fifteenfold since 1970, three times the rate of inflation (see chart).
Like doctors prescribing drugs, professors assigning textbooks do not pay for the products themselves, so they have little incentive to pick cheap ones. Some assign books they have written themselves…
But hope is not lost for poor scholars. Foreign editions are easy to find online and often cheaper—sometimes by over 90%. Publishers can be litigious about this, but in 2013 the Supreme Court ruled that Americans have the right to buy and resell copyrighted material obtained legally. Many university bookstores now let students rent books and return them. Publishers have begun to offer digital textbooks, which are cheaper but can’t be resold…. http://www.economist.com/news/united-states/21612200-its-economics-101-why-textbooks-cost-so-much?fsrc=email_to_a_friend

There are ways to cut down the cost associated with college text books. If possible, one can buy used texts. Another way to cut costs is to rent texts. Rhiana Jones’ article Top Three Online Sites to Rent College Texts At a Discount https://suite.io/rhiana-jones/3v8p2sv compares three text rental sites. Paul Michael has some tips for going online to find discounted texts at How to Find the Cheapest College Textbooks http://www.wisebread.com/how-to-find-the-cheapest-college-textbooks

The Affordable College Textbook Act has been kicking around Congress for a few years. SPARC summarizes the provisions:

The Affordable College Textbook Act seeks to expand the use of open textbooks on college campuses, providing affordable alternatives to traditional textbooks and keeping prices lower. The bill:
• Creates a grant program to support pilot programs at colleges and universities to create and expand the use of open textbooks with priority for those programs that will achieve the highest savings for students.
• Ensures that any open textbooks or educational materials created using program funds will be freely and easily accessible to the public.
• Requires entities who receive funds to complete a report on the effectiveness of the program in achieving savings for students.
• Improves existing requirements for publishers to make all textbooks and other educational materials available for sale individually rather than as a bundle.
• Requires the Government Accountability Office to provide an updated report on the price trends of college textbooks to Congress by 2017.
Supporters: SPARC, U.S. PIRG, National Association of College Stores, National Association of Graduate and Professional Students, American Association of State Colleges and Universities, American Association of Community Colleges, Association of Community College Trustees, OUR TIME, Creative Commons, OpenCourseWare Consortium. – See more at: http://www.sparc.arl.org/advocacy/national/act#sthash.hdtGL4DP.dpuf http://www.sparc.arl.org/advocacy/national/act

Passage of the act might help many, but its passage is not assured.

Lynn O’Shaughnessy wrote in the Money Watch article, College Textbooks: 7 Ways to Save Money:

Before you shop for college textbooks, here are my seven tips to find the cheapest textbooks around:
1. Comparison shop.
You can use BIGWORDS.com and Campusbooks.com, which are textbook aggregators, that can direct you to college textbook sellers are offering the lowest prices. BIGWORDS, for instance, aggregates all the web’s options on any book, whether new, used or rentals. Two popular places for textbooks are Half.com and Amazon.
2. Use old editions.
You will often be able to pick up some old editions of textbooks super cheap and sometimes for pennies on the dollar. The content in the 5th edition of a chemistry book versus the 7th edition could be inconsequential. Ask your professors if you aren’t sure about buying an old textbook.
3. Consider renting textbooks.
The big gorilla in the textbook rental market is Chegg. Other competitors include BookRenter.com and CampusBookRental.com. ValoreBooks offers free shipping for rentals over $20. Some campus bookstores are also renting textbooks to students.
Renting won’t always be cheaper than buying a used copy — particularly if you can resell the college book, but it can be a godsend if you’re strapped for cash. Check prices.
4. Look for coupons.
Before you buy textbooks online, see if you can find a promotional coupon. Check out CouponWinner.com, PromoCodes.com and PromotionalCodes.com.
5. Share a book.
My daughter, who is a college senior, has done this in the past. She’s shared textbooks with one or two of her friends and saved big bucks.
6. Try international editions of books.
According to Textbooksrus.com, it’s possible to save 75% on international editions of textbooks.
7. Look for books before school starts.
According to a new federal law, textbook publishers must provide students with the list of required textbooks during registration. You’ll have more options if you don’t wait until you arrive at school to order. http://www.cbsnews.com/news/college-textbooks-7-ways-to-save-money/

The cost of textbooks is just one of the costs associated with going to college. See, Tuition is only the beginning of college costs https://drwilda.com/2013/08/15/tuition-is-only-the-beginning-of-college-costs/

Resources:

Students Get Savvier About Textbook Buying
http://chronicle.com/article/Students-Get-Savvier-About/136827/?cid=at&utm_source=at&utm_medium=en

For Many Students, Print Is Still King
http://chronicle.com/article/For-Many-Students-Print-Is/136829/?cid=at&utm_source=at&utm_medium=en

Affordable College Textbook Act Would Help Students, But Publishers Aren’t Hearing It http://blogs.houstonpress.com/hairballs/2014/03/affordable_college_textbook_ac.php

Related:

Are open-source textbooks becoming a viable alternative to traditional texts?

Are open-source textbooks becoming a viable alternative to traditional texts?

Could ‘open source’ textbooks be cheaper than traditional textbooks?

Could ‘open source’ textbooks be cheaper than traditional textbooks?

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Digital textbooks may or may not be cheaper

21 May

In Could ‘open source’ textbooks be cheaper than traditional textbooks? Moi said:

Open-source textbooks are another option in the calculation of the most cost effective option for obtaining needed textbooks. Information Age Education has a lot of information about the “open source” movement. http://iae-pedia.org/Open_Source_Textbooks The question is whether “free” is really “free.”

Education News is reporting in the article, Teacher-Written Digital Textbooks: A Cheaper Alternative?

Tired of constantly replacing their outdated — and expensive — statistics textbooks, officials in the Anoka Hennepin School District have let their teachers write their own digital textbooks instead, writes Abigail Wood at the Heartlander.

The teachers thought we could do a better job writing our own book that fit our state standards and the needs of our students,” said high school math teacher Michael Engelhaupt, who helped write the digital textbook.

Three teachers were asked to create the book and were paid $10,000 each. The whole project saved a total of about $175,000….

http://www.educationnews.org/technology/teacher-written-digital-textbooks-a-cheaper-alternative/

The push for “open source” textbooks has been around for a couple of years. Ashley Vance writes in the 2010 New York Times article, $200 Textbook vs. Free. You Do the Math. http://www.nytimes.com/2010/08/01/technology/01ping.html?emc=eta1 Whether the “open source” movement will evolve into the way that textbooks are sourced remains to be seen. https://drwilda.wordpress.com/2012/01/17/could-open-source-textbooks-be-cheaper-than-traditional-textbooks/

Daniel Lutzer has an informative Washington Monthly post, Why Textbooks Cost So Much:

Considering that the average student spends slightly under $900 buying textbooks in a year, reducing the cost of such things seems like a worthy endeavor, but how much of the textbook market can change? How much of this is worth fixing, really?

According to this piece at Mental Floss, there’s not really much we can do. As Ethan Trex wrote back in September:

In the simplest economic terms, the high price of textbooks is symptomatic of misaligned incentives, not exorbitant production costs. Students hold the reasonable stance that they’d like to spend as little money as possible on their books. Students don’t really have the latitude to pick which texts they need, though.

Professors pick the course materials, and faculty members don’t have any strong incentive to be price sensitive when it comes to selecting textbooks. Their out-of-pocket expense is zero whether the required texts cost $100 or $300, so there’s no real barrier to heaping on more reading material. If a student needs Class X to graduate, they’ll likely need to procure the required texts. This lack of cost-control incentives for professors is a major reason that at some point in college, everyone meets the expensive textbook’s even more maddening cousin, the Expensive Textbook You Never Even Use.Moreover, however, while students might complain about the price of textbooks, they don’t exert enough influence over the process to bring the costs down.

http://www.washingtonmonthly.com/college_guide/blog/why_textbooks_cost_so_much.php

Because of the cost of textbooks, some are advocating not only open-source texts, but digital texts to cut costs.

Jason Tomassini writes in the Education Week article, Educators Weigh E-Textbook Cost Comparisons:

Proponents of digital textbooks say they save school districts money, even when factoring in the costs of tablets. In figuresRequires Adobe Acrobat Reader cited by the Digital Textbook Collaborative from Project RED, a research project that examines the use of technology in education, a 500-student school can save between $35 and $250 per student per year by switching to digital textbooks.

But more than $100 of those estimated per-student savings is associated with improved student discipline, increased teacher attendance, and digital student assessment, highly variable costs not directly tied to digital content. The estimate also assumes the price of a tablet is $250, less than many tablets, including the iPad, which runs between $379 and $700, depending on the specifications.

Independent observers have moved to debunk some of the cost-saving estimates for digital textbooks.

Using numbers from the 11,000-student Palo Alto district, in California, The San Jose Mercury News determined that hardware and content for digital textbooks on the iPad would add up to three times the cost of sticking with print.

And in a widely distributed blog post, Lee Wilson, a technology-industry veteran with experience at companies such as Apple and Pearson, determined that it could cost up to five times more to provide students with an iPad and Apple’s digital textbooks….

Different Models

McAllen Independent School District, McAllen, Texas

Enrollment: 27,000 students (67 percent eligible for free or reduced-price meals, 92 percent Hispanic)

Textbook Initiative Started: Fall 2011

Expenditures: $20 million total over five years (three years remaining). $6.5 million on infrastructure, including broadband and equipment; $12.1 million for devices, cases, and apps; $1.2 million for professional development

Funding Sources: E-rate, American Recovery and Reinvestment Act, private donations, technology budget, special education budget, Title I funding

Devices Purchased: 27,000 iPad 2s

Digital Textbooks: 80 percent PDF, 15 percent interactive, 5 percent teacher-generated content

Notes: Encouraged local businesses to offer Wi-Fi so students could use devices outside class; students allowed to download music on devices; partnering with Abilene Christian University for research.

Pinellas County Schools, Fla.

Enrollment: 104,000 students

Students With Internet Access: 50 percent

Textbook Initiative Started: March 2010

Devices Purchased: 2,350 Kindles with Wi-Fi ($177 each, four-year shelf life); 1,000 Kindle Fires ($199 each), 3,100 Kindle readers, 7,500 iPads

E-textbook Publishers: CK-12 (free), Houghton Mifflin Harcourt, Pearson, Cengage Learning

Funding Sources: Voter referendum, advance on school technology funds

Notes: First districtwide client for Amazon Kindle device; sent books to third-party company to “Kindle-ize” books with note-taking capabilities; Amazon delivered customized reading lists through a cloud service to each student.

Vail School District, Ariz.

Enrollment: 11,000 students

Textbook Initiative Started: May 2008

Devices Purchased: 1,300 MacBooks ($800 each); 102 iPads ($500 each); 120 iPod Touches ($200 each); 400 Hewlett-Packard netbooks ($400 each)

Classroom Hardware Purchased: 100 interactive whiteboards, document camera in each class

Expenditures: $500,000 on property and liability insurance, $40,000 per year on Internet services

Course Material Expenditures: $10 per student, down from $60 per student

Notes: District stopped purchasing new textbooks, both print and digital; all course material is free and/or generated by teachers; largest school district in Arizona with all schools rated as “excelling.”

Riverside Unified School District, Calif.

Enrollment: 44,000 students (67 percent eligible for free or reduced-price meals)

Textbook Initiative Started: May 2009

Devices Purchased: 4,500 Hewlett-Packard netbooks ($300 each); 4,500 Android devices, including Lenovo slates and Kindle Fires ($200 each); 3,000 iPod Touches ($200 each); 500 iPads ($500 each)

Digital Content: 60 percent e-textbooks, 40 percent open content

Notes: Students without devices follow Bring Your Own Technology approach; district had to cut $200 million from its budget in recent years; students use Houghton Mifflin Harcourt’s Fuse Algebra app ($40 each) and CK-12 Flexbooks (free).

Source: Education Week

http://www.edweek.org/ew/articles/2012/05/09/30etextbooks_ep.h31.html?tkn=ZQMFDjmq%2FeaRHDALmba2uUHCH27%2Feqhvd1uC&intc=es

The economics of the textbook market are one example of why it is difficult to curb some education costs.

Related:

The digital divide in classrooms                              https://drwilda.wordpress.com/2012/01/25/the-digital-divide-in-classrooms/

The importance of the skill of handwriting in the school curriculum https://drwilda.wordpress.com/2012/01/24/the-importance-of-the-skill-of-handwriting-in-the-school-curriculum/

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