Textbooks for College
During the last years, college campus bookshops have constantly put undergraduates under pressure, selling all curricular textbooks at such prices that were beyond the means of the average undergraduate, already burdened by great tuition costs as well as additional expenses for their education. In accordance with recent studies, an essential new course book can cost from $100 to $200 in the college bookstore, students on the odd occasion finding any better offers in some other offline resources. Required to spend a large amount of money in order to acquire a minimum amount of curricular textbooks, undergraduates nationwide suffer obvious gaps in their finances during each academic year. Although they undoubtedly understand that they are always being cheated, the majority of students carry on to spend exaggerated amount of capital on new curricular textbooks available in college bookshops; others look for low-priced alternatives in used bookshops or online, while some make up their mind to borrow their considered necessary textbooks from colleagues.
In accordance with a recent study made by the California Public Interest Research Group (CALPIRG) in 59 greater educational facilities all over the country, college book prices have already increased at about four times the inflation rate over the last several years. As only a few parties are at present trying to find competent solutions to the crisis, the phenomenon keeps on growing and it is expected to turn out to be even more serious very soon. Taking into account the information that the average price for college textbooks is about $900 a year for each student, study materials considerably add to the by now high cost of getting higher education.
So, the high prices for today’s college books are a problem with lots of different aspects. The most important reason why these costs have rocketed during the last years is poor rivalry on the market. On condition that college bookshops carry on to hold the monopoly on the specialized market, then the costs of latest college textbooks are likely to grow further.