On
average, college students shelled out $900 a semester for textbooks, according
to a 2005 federal report. In some cases, a single science book can cost
$200.
The
situation has led Congress to step in, and on Thursday it passed the Higher
Education Opportunity Act. Among its provisions, the bill requires publishers
to share pricing information with professors and forces them to unbundle
packages of textbooks and supplementary materials so students can buy only
items they need. President George W. Bush is expected to sign the bill.
"It's
a critical step," said Nicole Allen, textbooks program director at Student
Public Interest Research Groups, a consumer advocacy group. "Textbooks
really can be the difference between affording higher
education and dropping out."
Government
intervention isn't the only way cash-strapped students can improve their
odds of affording their textbooks. Here are more ways to save:
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Electronic Textbooks: Ditch the heavy hardcover
for an electronic book, and save as much as 50%. In May, six of the biggest
textbook publishers, including Pearson and McGraw-Hill Education, started
CourseSmart.com, which sells subscriptions
to digital copies of textbooks and other course materials. For example,
a 180-day subscription to the 12th edition of "Earth Science" costs $56.67,
or 50% less than the print version.
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Check with individual publishers -- Cengage Learning
and Springer, among others, have their own eTextbook sites -- as well as
Web sites such as CafeScribe.com
to compare prices. Also, ask whether your college bookstore sells electronic
books. At the University of Dayton, in Ohio, students pay $41 for electronic
access to "Making Sense of Movies," saving 41% off a new $70 text.
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Electronic texts also have downsides, however. Unlike
their paper counterparts, they can't be returned. Also, subscriptions limit
access to a semester or two, and copyrights typically prevent printing
more than a few pages.
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Price Comparison Sites: You can buy almost
anything used online these days, and textbooks are no exception. To find
the best deals, check textbook-specific search engines, such as Bigwords.com,
CheapestTextbooks.com and
Booksprice.com.
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Hunting for "Ten Essential Texts in the Philosophy
of Religion" (regularly $54.95 new) through CheapestTextbooks turned up
listings at eight online retailers. The cheapest: $4.21 for a used copy
at Half.com (plus $3.49 shipping). Overall, that's a savings of 86%.
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Textbook Rentals: Once finals are over, the
first stop most students make is at the bookstore, where they hope to sell
their books and recoup some cash. If the store needs the text for the next
semester, then they'll be lucky to get 50% of their money back.
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Textbook-rental services, such as Chegg.com,
BookRenter.com and CampusBookRentals.com,
offer a lot more certainty. Using these services, students pay as little
as a third of a book's price to borrow it for a set period -- usually a
semester, said Charles Schmidt, a spokesman for the National Association
of College Stores. Chegg.com, for example, mails a copy of "Compact Bedford
Introduction to Literature" for $26.88 a semester, a savings of 59% off
the price of the new version.
One warning: Renting isn't always cheaper than
buying a used text, Mr. Schmidt said. Many rented texts don't include the
supplementary materials such as CDs or workbooks. Also, these services
typically require books be kept in good condition. Play fast and loose
with a highlighter, and you could end up forking over the full purchase
price.
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Subsidized and Open-Source Textbooks: It is
even possible to legally download textbooks free, thanks to some new sites
and services. Freeload Press subsidizes the cost of offering dozens of
eTextbooks free by selling ad space on its Web site, and on the pages of
the books. Its free offerings include "Guide to Business Valuation" ($30.95
new). Print versions of the textbooks offered on the site run $19 to $40,
plus shipping.
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Project Gutenberg offers more than 25,000 free eBooks
and audiobooks for older, out-of-copyright texts, including classics like
"Jane Eyre" and "The Iliad." (At Barnes & Noble, you'd pay $7.95 for
each.) The pitfall to free texts: not much selection. The sites are worth
a look, but don't bank on finding all the books on your required-reading
list just yet.