A new report by the United States Government Accountability Office (GAO) confirms previous research conducted by the Student Public Interest Research Groups (Student PIRGs) into textbook prices. The GAO report, requested by Congressman David Wu last year, found that textbook prices have risen at twice the rate of annual inflation over the last two decades, an average of 6 percent each year since 1987-1988, compared with overall price increases of 3 percent per year.
The future of academic research is in peril. University budgets are decreasing while the cost of academic journals is skyrocketing. As a result, universities are unable to purchase vital journal subscriptions that help boost the quality and success of new academic research. Fortunately, new and innovative solutions are growing in popularity and have the potential to change the future of academic communication. (September 2005)
One innovative way to lower textbook costs is allowing students to rent, rather than purchase, their textbooks each semester. This document is a twelve step guide for colleges and universities interested in lowering textbook costs for students by transitioning to a textbook rental service or exploring new, innovative business models. (July 2005)
As a prominent publisher continues to issue "new" editions of textbooks that are not significantly "new", hundreds of college physics and mathematics professors issued a joint call to action. The call to action was sparked by the latest research from the Student PIRGs that found that new textbook revisions reduce the availability of used books, which are 45% cheaper than new books.
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