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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)...Related Issues Textbooks and Open Source |
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