Why Do Textbooks Cost So Much? | The Odyssey Online
Start writing a post
Student Life

Why Do Textbooks Cost So Much?

A look at the cost of books and where your money actually goes.

24
Why Do Textbooks Cost So Much?
Flickr.com

When you're applying for college, one of the first things that you look at is the tuition. How much is it going to cost for you to go there? How much in scholarships can you get to bring the cost down? Grants? Loans?

After all that is said and done, you finally move in to your dorm and get acquainted with your new school. Although by the time classes start, a new hurdled becomes apparent.

Textbooks.

In high school, you never had to pay for textbooks-unless you were taking a college level class. For example, I remember taking college level psychology my senior year of high school and we did have to pay for a textbook.

This isn't a question of why students have to pay for textbooks? This is a question of why they cost so much? I know people who have bought all of their books and their total ended up being around $400.

Insane right?

In order to hopefully find an answer to this question, I decided to do some research. The first article that I came across was from Economist.com . It was a short article, but it did have some great little nuggets of knowledge.

"Like doctors prescribing drugs, professors assigning textbooks do not pay for the products themselves, so they have little incentive to pick cheap ones." -Why textbooks cost so much. (economist.com)

I had never thought about it like that. Comparing when a doctor prescribes drugs to a professor assigning textbooks. In a way, it makes sense. 9 times out of ten professors do not pay for the textbooks that they assign and if they do it's at a discounted rate. Now, I wonder what it would be like if the professors had to pay the same amount of money for the textbook as their students? Would that be the incentive to pick cheaper books?

Another article that I looked at was from UsNews . This article not only examines the rising cost of textbooks, it also gives some insight into where the money that you pay for the book actually goes.

"According to figures from the National Association of College Stores, an average of 21.6 cents of every dollar spent on a new textbook will go to the bookstore, whether for personnel costs, operations, or income. For Kadue's $289 textbook, that's around $62. Another cent of every dollar pays for the freight of shipping a heavy book around, so subtract another $3 from her cost. That leaves around $224 that goes to the publisher, or around 77.4 cents for every dollar."- How Your Textbook Dollars Are Divvied Up by Danielle Kurtzleben (usnews).

I had never thought about where the money actually goes after a student buys a textbook, so reading this was interesting. In a way, it made sense. Multiple parts of the business were involved in getting the textbook into the hands of the student, so each part needed to be paid their share. This seems especially true if you're buying your book from a bookstore.

After researching the question, I can't say that the answer is clear as to why textbooks cost so much. I do know that there are a lot more layers of this textbook issue. Do they cost so much because different businesses from the bookstore to the publishing company all need their fair share? Is it because professors are picking books that they themselves do not have to pay for, so price doesn't matter?

What do you think?

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
school of business
CIS Markets

Coming from someone majoring in business at a school that thrives off of business majors, I know how rough it can be sometimes. Being a business major can be awesome, and awful, simultaneously. We work our tails off to be the best, but sometimes the stress can just tear you apart. Here are some struggles faced by business majors that will sound all too familiar.

Keep Reading...Show less
Student Life

10 Things To Know About The First Semester Of College

10 things that most incoming college freshmen have no idea about.

1155
campus
Pexels

Starting college is pretty scary and fun at the same time. You are free of your parents(in most cases) but this is the first time you have no idea what the heck is going on. Here are 10 things you may want to know going into your first semester.

Keep Reading...Show less
Student Life

The Daily Struggles of Being a College Commuter

It's not all morning coffees and singing along to the radio.

1762
The Daily Struggles of Being a College Commuter
morethanwheels

I've been in college for four years now. I spent half my time as a commuter and half as a resident so I've experienced both sides of the housing spectrum. One thing I've learned comparing the two is that my struggles as a commuter far outweigh anything I went through while living on campus. Commuters have to deal with the problems school brings along with a slew of other issues; I've filled up my gas tank in the worst kind of weather conditions and napped in random places in public more times than I'm proud to say of. This is a list of some of the most challenging aspects of being a commuter.

Keep Reading...Show less
Entertainment

15 Times Michael Scott's Life Was Worse Than Your Life

Because have you ever had to endure grilling your foot on a George Foreman?

4395
Michael Scott
NBC

Most of the time, the world's (self-proclaimed) greatest boss is just that, the greatest. I mean, come on, he's Michael Freakin' Scott after all! But every once in a while, his life hits a bit of a speed bump. (or he actually hits Meredith...) So if you personally are struggling through a hard time, you know what they say: misery loves company! Here are 15 times Michael Scott's life was worse than your life:

Keep Reading...Show less
Featured

12 Midnight NYE: Fun Ideas!

This isn't just for the single Pringles out there either, folks

18326
Friends celebrating the New Years!
StableDiffusion

When the clock strikes twelve midnight on New Year's Eve, do you ever find yourself lost regarding what to do during that big moment? It's a very important moment. It is the first moment of the New Year, doesn't it seem like you should be doing something grand, something meaningful, something spontaneous? Sure, many decide to spend the moment on the lips of another, but what good is that? Take a look at these other suggestions on how to ring in the New Year that are much more spectacular and exciting than a simple little kiss.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments