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Document Number: 6332

College Textbooks: Enhanced Offerings Appear To Drive Recent Price Increases - This report examines: (1) what has been the change in textbook prices; (2) what factors have contributed to changes in textbook prices; and (3) what factors explain why a given U.S. textbook may retail outside the United States for a different price. The report finds that: (1) in the last two decades, college textbook prices have increased at twice the rate of inflation but have followed closely behind tuition increases; (2) while many factors affect textbook prices, the increasing costs associated with developing products designed to accompany textbooks best explains price increases in recent years; and (3) U.S. college textbook prices may exceed prices in other countries because prices reflect market conditions found in each country. (U.S. Government Accountability Office, July 2005)...

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Textbooks and Open Source

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