College textbook costs more outrageous than ever

Tim Goral's picture
Wednesday, January 29, 2014

College textbooks cost too much—and something needs to be done about it, according to a report from the advocacy group U.S. PIRG.

The College Board estimates that the average student in this country spends around $1,200 a year on books and supplies. A single book can cost as much as $200.

Between 2002 and 2013, the price of college textbooks rose 82 percent—nearly three times the rate of inflation, according to a recent study by the Government Accountability Office.

The PIRG report, "Fixing the Broken Textbook Market," suggests that students who are already struggling to afford college may do things that undermine their education to deal with the rising costs of their books.

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