Many of today’s college students face unnecessary financial risks by relying on unregulated private student loans to pay for college, with some students paying up to 18 percent interest.
The Textbook Rebellion kicked off a six-week, cross-country tour with events planned for 40 campuses nationwide. At the tour stop, the University of Maryland, coalition members, students, faculty and a representative from the U.S. Department of Education were joined by the tour mascots, 'Mr. $200 Textbook' and 'Textbook Rebel,' to announce the launch.
BOSTON, Mass. (August 26, 2010) — Students across the country are gearing up for sticker shock over textbook prices this semester. The average student spends $900 per year on textbooks, and new calculations by CoPIRG student chapters show that costs have increased at an astounding rate: textbook wholesale prices have risen more than four times the rate of inflation over the last two decades (1990-2009).