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The average full-time, in-state undergraduate student pays $1,226 for books and supplies each academic year. As a former first-generation college student, Josh Lachs said these textbook costs can ...
In 2007, Pearson partnered with four other higher-education publishers to create CourseSmart, a company developed to sell college textbooks in eTextbook format on a common platform. [58] In 2011, Pearson obtained a five-year, $32 million contract with the New York State Department of Education to design tests for students in grades 3–8. [59]
Once a textbook is purchased from a retailer for the first time, there are several ways a student can sell his/her textbooks back at the end of the semester or later. Students can sell to 1) the college/university bookstore; 2) fellow students; 3) numerous online websites; or 4) a student swap service.
CampusBooks.com was founded by Alex Neal in 1998 during the height of the dot com boom. [1] The company started as an online textbook reseller. [3] In 2000, it changed its business model and became a textbook comparison shopping site. CampusBooks served over 1.5 million book price comparisons to students in 2007.
OpenStax (formerly OpenStax College) is a nonprofit educational technology initiative based at Rice University. Since 2012, OpenStax has created peer-reviewed, openly-licensed textbooks, which are available in free digital formats and for a low cost in print. Most books are also available in Kindle versions on Amazon.com and in the iBooks Store.
On May 11, 2017, McGraw-Hill Education announced the sale of the business holdings of McGraw-Hill Ryerson (Ryerson Press) to Canadian educational publisher Nelson. [27] In 2018, McGraw-Hill launches textbook rental program, adding to affordable options available for college students. [28]
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