Everyone knows that college textbook prices are very high, but there are some things you can do to offset the cost. After extensively complaining about book prices during my time in college, I went on to work for one of the "Big 3" publishers in the United States. Students Say Textbook Prices Are Too High. Why are textbooks so astonishingly expensive? If the price is too high, people might not take the leap. The survey, conducted by market research company Wakefield Research, asked 1000 students from four-year colleges in the US and Canada about their textbook buying habits. No, I did not make a typo. 4. Instead, books are assigned by faculty members, who don’t buy the books themselves. Don’t automatically go for the lowest or highest price, however. The U.S. Public Interest Research Group, a progressive research and advocacy organization, found in a survey that 65 percent of college students had at some point decided against buying a college textbook due to its high price. If you price too low, people might think your book is subpar. In high school, books were generally provided by the school district at tax payer expense. Not so in college. It turns out Amazon might be publishing list prices that are too high. The result, however, is that prices at the Coop are often higher than at other bookstores. Why College Textbooks are so Expensive and How to Avoid Overpaying for Them college Just like college tuition, the price of textbooks has increased dramatically in recent years. College textbook prices have increased faster than tuition, health care costs and housing prices, all of which have risen faster than inflation. Let’s take a look. The price-to-book ratio is a useful metric for finding ... companies that have high earnings growth rates generally have high P/B ratios -- investors expect the book value of equity per share to grow. It’s hard to make that first trip to the college bookstore for required texts without leaving with a bit of sticker shock. Let’s take a look. The preponderence of a unique, although free, textbook per course, is blaimed upon this bureaucratic alternative. The price-to-book (P/B) ratio has been favored by value investors for decades and is widely used by market analysts. It only takes around four dollars to actually produce the $200 textbook you bought for your one of your spring classes this year. The price of coffee at Starbucks is too high. Traditionally, any value under 1.0 is … Search for books in your genre and compare ebook prices. FACEBOOK TWITTER ... especially if you believe the car is priced too high. It’s hard to make that first trip to the college bookstore for required texts without leaving with a bit of sticker shock. Over the past decade, textbook prices have increased by 82% - that’s an increase of three times the rate of inflation.3 These high textbook costs are set to a backdrop of more than $1 trillion dollars in college The case for open TexTbooks prices are usually kept in check by two things: The customers – the students – don’t choose their textbooks, so they can’t shop around. Many new college students are shocked to find that their college textbooks can cost over $1,000 a year, and getting by without books obviously isn't an option. How Kelley Blue Book determines used-car prices. … There is no reason that our textbooks are so expensive other than profit for the textbook/publishing companies. drop a course because the textbook cost is too high. Green. Worse, new textbook prices underpin the entire college textbook marketplace,2 and continue to grow at an explosive pace. Of course, the problem with the high and rapidly rising cost of textbooks isn't new. By Andrew A. Are Kelley Blue Book Values Accurate and Reliable? 3. A 50 cent-per-pack tax on cigarettes will lead to a 12% reduction in smoking by teenagers. A survey by e-textbook provider VitalSource has found that 50 percent of students who delayed buying textbooks because of high prices saw their grades suffer as a result. I think this is insanity. Of that group, nearly all -- 94 percent -- had concerns that their decision not to buy the book would affect their grades. When listing an item and checking out prices offered by other sellers, I have noticed that some sellers will list an item at an impossibly high price. It found that 85 percent of students … Textbook Prices Are Too High Dear U.S. Department of Education: I am writing this letter to propose some problems and their solutions concerning textbooks.