Textbooks, a staple of educational systems worldwide, cost way too much
damn money. Because textbooks are must-haves, the cost of each of them increases as if the pages were dipped in gold leaf and their bindings were made from the gossamer wings of rare fairies and wood sprites. It is shameful and appalling. In some countries textbooks are shared commodities.
Copyrights in South Korea belong to the government and bias as well as content come under fire. There are file sharing websites that some students take advantage of to get their exorbitant class-required materials for free. It has come to
a Napster music model for textbooks named Textbook Torrents that is making the US textbook industry overlords nuts. Their overpriced books are being ripped off on the internet while they rip off students at the counter,
legally charging the same price for a used book that could have been bought new online.
Pricing on textbooks have gone so round the bend, Congress stepped in
legislating some changes included in the Higher Education Act.
Durbin created the College Textbook Affordability Act for three reasons.
Durbin says the cost of text books is rising four times the rate of inflation.
In America, they change editions requiring more expenditures. College students feel like they are getting their first mortgages as they react to the sticker shock to what one pre-owned textbook costs. Publishers are wielding the prices of the books as if their entire business is about hosing students. Almost 85% of the US distribution of textbooks comes from the monopolistic
Association of American Publishers which cast creativity, innovation and the consumer in the circular file. Cornering the market also limits who writes the scholarly works, meaning diversity of ideas is kept to the same old authors writing the same old thing, year after year. It's a crying shame that they charge MORE for the repackaged goods.
Good Grief.