Thursday, September 02, 2010

Finance.yahoo blasts costs of college textbooks

from finance.yahoo:

In 2010, the annual in-state cost for the typical state university soared to more than $15,000, and private colleges now charge an average of $35,600 a year. As if college kids (and their parents) aren't financially drained enough, there's yet another inflated price they face: college textbooks. College students pay an average of $900 a year on textbooks and other supplies.

College textbook prices have skyrocketed by 186% since 1986, and these expensive volumes of knowledge now account for 26% of the overall cost of college. Unfortunately, broke college students are required to purchase these costly books for their classes. At least they can try to sell their books back to local book store at the end of the semester - for a few measly bucks.


IPBiz notes that one industry that has arisen is the college book rental. From campus book rental

Renting textbooks saves you money plain and simple and gets the same result in your classes as buying your books. Rent textbooks without the risk of your books becoming worthless by the end of the semester. Rent college textbooks from the comfort of your home or office. Don't lose money at your school bookstore anymore. Rent textbooks along with customers on over 4,000 college campuses that have used our service so far. Join the movement.

Campus Book Rentals offers new and gently used textbooks for typically less than half the price you'll pay in your school bookstore. Search for the college books you need and save money today!

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