A report by the USPIRG Higher Education Project estimates the impact of transferring $5 billion in student lender bank subsidies to Pell Grant recipients in each state.
Youth turnout surged in key primary states last night, continuing a striking trend started in the first presidential contests of 2008. “In all the noise of last night’s election, one message was heard loud and clear,” said Sujatha Jahagirdar, Program Director with the Student PIRGs’ New Voters Project. “Young people are tuning in and turning out.”
Textbook publishers’ digital “e-textbooks” do not give students any relief from skyrocketing costs, according to a new report released by the Student Public Interest Research Groups (Student PIRGs). With textbooks already amounting to a $700-$1000 yearly expense, the report criticizes publishers for offering yet another unaffordable option.
The Student PIRGs conducted this study to determine how digital textbooks can live up to their potential as a solution. Through a survey of 504 students from Oregon and Illinois and 50 commonly assigned textbook titles, we confirm three fundamental criteria – affordability, printing options, and accessibility. We found that publishers’ digital “e-textbooks” fail to meet these criteria, and that an emerging form of digital textbooks – open textbooks – are a perfect match. (August 2008)
Marking the first major federal action to curb the skyrocketing cost of college textbooks, Congress approved legislation today that will bring down prices for millions of students.
In 2007 Congress passed the College Cost Reduction and Access Act. The bill included several provisions to lessen the burden of student debt including:
- More than two billion dollars a year in additional funding for the Pell Grant program. The Pell Grant helps more than 5 million lower-income students each year.
- A new Income-Based Repayment program that allows student loan borrowers to repay their federal loans as a percentage of their income.
- Reductions in interest rates on subsidized Stafford student loans.
One thousand professors from over 300 colleges in all 50 states released a statement today declaring their preference for high-quality, affordable textbooks, including open textbooks, over expensive commercial textbooks.
Over the last three years, research conducted by the Student Public Interest Research Groups (PIRGs) and others have shown that textbooks are a growing cost of going to college. These studies also have found that the textbook industry is using a host of practices that drive up the price of college textbooks. In the fall of 2006, we interviewed faculty members, walked through bookstores and interviewed bookstore staff to uncover textbooks that reveal six types of textbook industry gimmicks. (October 2006)
Statement on Governer Schwarzenegger’s decision to veto SB 832, a bill that would have increased textbook price transparency.
With the new school year quickly approaching, students will soon be slammed with the high cost of textbooks. Students have a few tools they can use right now to find cheaper books. And, there are three emerging ideas that, together, might help permanently drive down prices in the future.