Tuesday, August 25, 2015

Can E-Books Lessen the College Textbook Budget Burden? - Brian O'Connell, the Street

It's not enough the price of college is rising by over twice the U.S. annual inflation rate. It's also not enough the actual dollar costs for a four-year degree from a U.S. college, for a freshman enrolling in 2015, is $134,600. For a newborn who will enter college 18 years from now, that figure rises to $323,900. Now, college students will also get socked in the wallet by a big rise in college textbook costs in 2015, with the average cost for a new textbook standing at $79 in 2015, and $59 for a good, used textbook, according to the National Association of College Stores. The NACS also reports college students will spend $313 this fall semester for necessary course materials and another $358 for "non-critical" items like laptops and USB drives. http://www.thestreet.com/story/13262154/1/can-e-books-lessen-the-college-textbook-budget-burden.html