How Publishers’ Pricing Tactics Drive Up the Cost of College Textbooks
Previous to the huge and historic passage of the College Cost Reduction and Access Act of 2007 in September 2007, students were hard at work to make college afffordable.
After Senators and members of Congress returned from August recess, students and student advocates were hopeful that both chambers had hammered out a new and final policy to help solve the problem of deep student loan debt. The process unfolded quickly - within two days, the House and Senate Education committees pulled together a joint press event with the Student PIRGs and coalition partners to announce final passage of the College Cost Reduction and Access Act of 2007.
A new report, released today by The Make Textbooks Affordable Campaign, presents new case studies of how the college textbook publishing industry deliberately undermines the used book market and inflates prices. Based upon surveys and interviews of bookstore managers and university faculty across the country, the report – “Required Reading: A Look at the Worst Publishing Tactics at Work” – identifies specific textbooks that employ types of publishing tactics, and illustrates how they inflate the cost of textbooks for students.
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