New report shows alternative textbook model could save students a billion dollars.
As students across the country prepare to return to campus this fall, textbooks remain one of the priciest items on their shopping lists. However, several new developments suggest the textbooks market may be reaching a turning point.
College textbook prices increased three times the rate of inflation over the last decade according to a new report by the United States Government Accountability Office (GAO). Recent changes to federal law provide some relief to students, but more must be done to curb textbook costs permanently, it finds.
PIRG In The News
A group of Florida State University students is collecting donations to feed the homeless. The FSU Public Interest Research Group has already collected 500 hundred dollars.
CLINTON, N.Y. — They text their friends all day long. At night, they do research for their term papers on laptops and commune with their parents on Skype. But as they walk the paths of Hamilton College, a poster-perfect liberal arts school in this upstate village, students are still hauling around bulky, old-fashioned textbooks — and loving it.
WASHINGTON — Ending one of the fiercest lobbying fights in Washington, Congress voted Thursday to force commercial banks out of the federal student loan market, cutting off billions of dollars in profits in a sweeping restructuring of financial-aid programs and redirecting most of the money to new education initiatives.
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