Make Textbooks Affordable

Everyone knows that textbooks costs are out of control. The average student spends $900 per year, and prices are rising four times the rate of inflation!

It’s no accident that textbooks are so expensive.  Publishing companies have been raking in huge profits while engaging in bad practices that drive up costs: issuing new editions that make used books hard to find, bundling textbooks with unnecessary CDs and pass-codes, and more.  They get away with it because students don’t have a choice -- we’ve got to buy the book they’re selling, even if the price is outrageous.

The good news is that we have all of the technology we need to make textbooks affordable. Already, there are rental programs at more than 1,500 colleges, hundreds of sites selling used books and more ways to save than ever before. There's also new solutions like open-source textbooks, which could literally revolutionize how much students pay for their books.

We're fighting to rein in costs by promoting cost-saving solutions on campus, while also tackling publishers' stranglehold on the market to change prices for good.  We're educating students, faculty and bookstores, and raising awareness through researchand the media. We're also calling on publishers, colleges and foundations to support the creation of more open-source textbooks that could save students millions each year.

Issue updates

Report | Student PIRGs, Demos, United States Student Association | Higher Ed

Subpriming Our Students

New Briefing Paper Says College Students Need Consumer Financial Protection Agency to ‘Watchdog’ Risky Loans.

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Resource | Textbooks

A Snapshot of Student Opinions on High Tech Textbooks

Summary

New technology that has recently entered the marketplace could mean significant savings for students on textbooks.  The Student PIRGs conducted this survey of college students to provide a snapshot their attitudes toward "high tech textbooks."

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Course Correction

The Student PIRGs conducted this study to determine how digital textbooks can live up to their potential as a solution.  Through a survey of 504 students from Oregon and Illinois and 50 commonly assigned textbook titles, we confirm three fundamental criteria – affordability, printing options, and accessibility.  We found that publishers’ digital “e-textbooks” fail to meet these criteria, and that an emerging form of digital textbooks – open textbooks – are a perfect match. (August 2008)

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News Release | Higher Ed, Textbooks

Congress Moves to Cut Textbook Costs in Landmark Bill

Marking the first major federal action to curb the skyrocketing cost of college textbooks, Congress approved legislation today that will bring down prices for millions of students.

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Report | Higher Ed

Cutting Interest Rates, Lowering Student Debt - Updated

In 2007 Congress passed the College Cost Reduction and Access Act. The bill included several provisions to lessen the burden of student debt including:

  • More than two billion dollars a year in additional funding for the Pell Grant program. The Pell Grant helps more than 5 million lower-income students each year.
  • A new Income-Based Repayment program that allows student loan borrowers to repay their federal loans as a percentage of their income. 
  • Reductions in interest rates on subsidized Stafford student loans.
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