Every year students require various college textbooks for their classes, spending a small fortune to purchase them. High standards should be improved in the business deal of purchasing new and used books so that all students would benefit of improved methods of learning. In recent years, college bookstores have begun to lose their monopoly over the market, generating pronounced imbalances regarding the average costs of most study materials.
Thousands of students who will soon head off to college campuses nationwide are beginning to realize that it takes quite a bit of capital these days to buy textbooks. In the past two decades, college textbooks prices have increased considerably, at twice the rate of inflation. According to government estimates, students and their families have spent more than $6 billion on new and used textbooks over the period of the academic year 2003-2004. During 2002 and 2004, the average college student spent up to $900 a year for textbooks, around 3 percent more than in the last seven years. Recent studies have also revealed the fact that the average student nowadays spends about $100 on a single curriculum-oriented new book and about $65 on...