The ever-rising costs of college tuition have caused many to rethink their education, but one subject that has gotten under many noses is college textbooks. According to the Huffington Post, in 2014 college textbooks had increased in price by 812 percent since 1978, beating medical services, new house prices, and inflation.
CollegeBoard estimated that last year’s average undergraduate spent about $1,300 on textbooks over two semesters, as seen in the image below.
I can personally say that my textbooks have cost more than that this semester. I spent over $700 on three classes and thankfully, I already had the book for my fourth class. That sets me up to pay about $1,400 by the end of the school year.
So why are college textbooks so expensive and what can you do about it to save money?
Who’s to Blame?
Wonder who to point fingers at when it comes to expensive books? It’s both the publishers’ and schools’ fault.