College textbook prices up 186% since 1986; enter revolution

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businessshrink.biz — The U.S. Department of Education released a study that states since 1986, textbook prices have risen almost 186 percent, or 6 percent a year. This is four times the amount of inflation. Web 2.0 Companies and Entrepreneur's are trying to fix this problem.

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  1. It really is horrible. Unless I get financial aide to pay the cost, I end up not buying the text book sometimes. I've have books cost as much as $200 each.

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  2. @calinazaret That really stinks, you're not alone. The figure is stated that around 60% of college students do the same, they skip buying a college textbook because they cannot afford it. I remember how disgusted I was with college textbooks so I feel your pain. Good luck weaving through the system.

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  3. Yep it's basically extortion. The publishers know you need the book to get the degree.

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  4. @webomatica @ webaddict

    It is extortion and this is a huge problem; especially since the book prices are designed for maximum profit. It is monopolistic--because the students are required to have that particular book, and have nowhere else to choose an alternative.

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  5. Yuck, I just realized there are several typos and grammatical errors in my previous comment. Clearly I've gotten the best out of college.

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  6. The cost of college textbooks drives me crazy. My daughter started college last fall and her Spanish class required new textbooks. The textbook cost over $200.00, She told me she may have it bronzed (LOL) after she finishes using it. Even though she is covered by the Hope Scholarship (Georgia lottery funded) it only covers $150.00 a semester for books. That's about 1.5 text books. The publishing companies ought to be ashamed for gouging students they way they do.

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  7. @calinazaret Welcome to my world (typos) I think my fingers are lysdexic....

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  8. @allen_mvp

    Dyslexics Untie!

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  9. We all know who the pimp is in the educational system, or who are the unsuspecting harlots. It's a shame really.

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  10. I thought the prices increased 186% just in the 4 years I was in college.

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  11. What a scam university bookstores are. I bought my books on Amazon and it saved me almost 60% from what the new version editions would have cost with about 4 words changed in the entire books.

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