- Textbook costs overall have risen 67% from 2008 to 2018 — some four year college students spend close to $500 a year on textbooks.
- Almost 80% of the textbook industry is dominated by five publishing companies — Pearson Education, Scholastic, McGraw-Hill Education, Cengage Learning, Houghton Mifflin Harcourt.
- These companies do everything they can to keep their books expensive and prevent students from renting older versions.
So it’s the start of a brand new semester. Your teacher hands you your syllabus. And yup you’re going to spend $150 on a textbook for a class read more >>>
Source:: BusinessInsider.Com