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Causes and Solutions to teh High Cost of College Textbooks (standard:Editorials, 1690 words) | |||
Author: Victor D. Lopez | Added: Jun 21 2013 | Views/Reads: 3331/2066 | Story vote: 0.00 (0 votes) |
This brief article deals with some of the root causes that have resulted in college textbooks that can be higher than $200. Despite severe shake-ups in the industry and attrition over the past two decades, the cost of college textbooks keeps increasing an | |||
Click here to read the first 75 lines of the story representatives with whom I deal on a regular basis (like it or not). They are helpful, competent, and they make my life easier when I am actually looking to change textbooks in the classes I teach. They are very good at doing their job. Unfortunately, doing their job requires the cost of textbooks to remain as high as it is in no small part because of the inherent expense of marketing textbooks under the traditional model. Alternatives do exist today, but they cannot thrive under the shadow of the massive marketing forces marshaled by the traditional publishers. I'll offer my own textbooks as a limited case study because I think they help prove my point. My first textbook, Business Law: an Introduction, was published in 1992 (with a 1993 copyright) by Irwin/Mirror Press. When Irwin was acquired by McGraw-Hill, the book was published by the new imprint for a number of years, even though it directly competed with one of its well-established titles, no doubt in part because of loyal adopters who simply refused to switch to the new titles pushed by the new sales reps. The book was adopted by more than 100 colleges in 37 states in the three years that it was actively marketed by Irwin/Mirror Press. It did relatively well and developed a loyal following. This year, a new updated and expanded version of the book was released by my new publisher, Textbook Media (http://www.textbookmedia.com). My new publisher markets its textbooks in a very different manner through direct mail and perhaps some email marketing. Despite the fact that the book is better than the original and its soft-cover version sells for about one-fourth the price of the original hard cover retail price in today's dollars (and is also available for as little as $9.95 in iPhone, online versions eBook versions), adopters are not beating a path to my publisher's door for one very simple reason: the vast majority of past adopters and prospective new adopters have no idea that the book is once again available in print. The exact same thing is true of my "Business Law and the Legal Environment of Business 2e" released last year which is very slowly finding its market. A $200 business law book can support armies of sales people to push it; a $35 book simply cannot. That price point is dependent upon word of mouth and a limited direct mail campaign that cannot compete with the constant, direct, one-on-one marketing that the few remaining textbook publishing houses continue to employ to market their very expensive titles. If we really want less expensive college textbooks, we all have to be more open to looking at non traditional sources, be they open textbooks where available, or textbooks from non-traditional publishers. The advent of inexpensive sources for self-publishing textbooks should also be explored, and universities and accrediting agencies need to be more open to the value that these sources can represent not only in terms of cheaper, more accessible textbooks for students but just as importantly a less restricted and more open avenue for content experts to share their expertise unbridled from the constraints of what will meet the norms of the traditional publishers (read: must not compete with current leading titles by that publisher and must provide the potential for very significant new sales to justify the development costs and risk of a new textbook launch). A faculty member may not be willing to spend three to five years to research, write, and revise a 45 chapter textbook, but 45 content experts from various universities would be much more likely to sign on to write one or more chapters in a collaborative venture. No publisher will coordinate this; it is up to us, the faculty, to do so. But universities and the government (both state and federal) could help by providing seed money, research grants or resources to both facilitate and promote such projects. And students should also get involved in the process. Faculty select books, but that does not mean that students cannot make their concerns known about their cost known to their professors and the administrations of the colleges and universities they attend. Finally, we need to recognize that low price alone is never a good measure of good value, let alone of quality. But neither is high price. As a faculty member, administrator or student, you can help lower the overall costs of college textbooks by focusing on the issue and making sure that your voice is heard. And as a faculty member or student, if you find a good product at a low-cost, make sure that others know about it. Publicize sites that offer new and used textbooks at the lowest cost; let others know if you find a good textbook exchange program for used books at your university so that it can be duplicated elsewhere; insist that your university provide you with a complete list of textbooks for all of your classes with enough lead time so that you can find the lowest cost options, new and used, on your own. And ask your professors when a new edition of a book comes out whether you can still use the old edition. Sometimes new editions contain only cosmetic changes--your professor will know if that is the case, and being able to use a prior edition of a book can save you a lot of money. But be careful: old editions are useless if a professor won't allow you to use it--or if it contains dated, incorrect information. With textbooks as will all products, be a good consumer. You will be happier--and wealthier (or at least less poor)--for it, and it is a lesson that translates well to life and work in general. [Note: This article originally appeared in the author's personal web page in 2011 -- Little has changed since then as regards this issue.] Tweet
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