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Textbook Prices - Annotated Bibliography Example

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This paper contains an annotated bibliography on the topic of textbooks, their use, costs and prices for them. Allen, Nicole. “A Cover to Cover Solution: How Open Textbooks are the Path to Textbook Affordability" is given an in-depth overview in this paper…
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Textbook Prices
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?Annotated Bibliography Allen, Nicole. “A Cover to Cover Solution: How Open Textbooks are the Path to Textbook Affordability.” The PIRGs. Public Information Resource Group, Sep. 2010. Web. 10 July 2011. In this lengthy article, Allen details a study she conducted to determine if open textbooks are a logical way to make student textbooks more affordable. Considering “the average student spends $900 on textbooks annually,” she thinks “the need for solutions is increasingly urgent” (Allen 4). She goes into some detail around what she calls “market failure that hinders the economic checks and balances that naturally regulate costs” (6) as the reason publishers charge so much. Other reasons include issuing new editions every “3-4 years regardless of changes in the subject” (6) and bundling books with software or study guides most professors do not require students to use. She cites that the federal government is aware there is a problem with textbook costs and is doing several things to help students, including requiring publishers “disclose textbook prices to professors during the marketing process” (7). She introduces the idea of open source textbooks, which are “offered online under an open-source license that allows free digital access, low-cost print options and customization by instructors” (8) and says that over 1000 college professors are currently using this option (8). The remainder of the study looks at student preferences and finds that 75% of students still prefer printed copies over electronic copies (9) and 34 % would still rather buy at least some of their textbooks rather than rent them (10). In Allen’s final recommendations, she encourages the further development of open textbooks by publishers and their use by students (16). This article does a great job providing enormous detail to explain the costs each year to students of traditional textbooks versus the savings of open textbooks. It also shows that students are not yet ready to make the move to electronic, online books. It is also important to note that the group that funded the study, PIRG, has been involved in multiple protests against textbook companies for what it claims are price gouging practices. 2. Bernard, Tara Siegel. “For Class, Book Deals.” New York Times 15 Jan. 2011 late edition: B5. Access World News. Web. 10 July 2011. Bernard’s article looks at ways students can save money by buying their books in places other than the campus bookstore by compiling suggestions from college students around the country. She points out that when it comes to buying textbooks “there are so many options, however, that the whole process can begin to feel like the semester’s first research project” (Bernard B5). Bernard lists several comparison sites, where students can enter a needed title on one site and it will automatically search several sites for a cost comparison of the exact book needed, but she also points out that the “condition of the books varies greatly” (5). Students may also find that international versions of books can be half the price of U.S. versions, but her source warns “some publishers have made small changes to the pagination or text to make it more difficult to use in the United States” (5). Overall, Bernard does a good job of quickly explaining options to students to help save money, but nothing in this article explains why textbooks are so expensive or gives an opinion on what colleges can do to help students with their high book bills. 3. Bruno, Laura. “College Books for Less.” USA Today 17 Aug. 2010 final edition: 6D. News Bank. Web. 10 July 2011. Bruno’s article looks at a rental solution to high textbook costs that over 1300 colleges have implemented across the U.S. with “potential savings up to 50% off the price of a new textbook” (Bruno 6D). The article also mentions the Higher Education Opportunity Act that “says colleges must list required course materials for students during registration,” which will give students more time to find a lower-priced textbook (6D). According to Bruno, Barnes & Noble and Follett are the two largest operators of campus bookstores and they have “embraced the rental option after successful pilot programs last fall,” with Follett saying their seven pilot stores already saved students “$2 million off the cost of new textbooks” (6D). Students are interviewed for the article, commenting on how they like that they can still highlight and write notes in the rentals and one student says, “For me, it’s all about the bottom line” (6D). Bruno does an excellent job putting dollar savings on rental textbooks and giving real life examples from students in this short article. She provides the solution from the perspective of the students and the booksellers. 4. Smith, Craig. “Law that Takes Effect in July Aimed at Controlling Textbook Costs.” The Pittsburgh Tribune-Review 8 March 2010:A5. General Reference Center Gold. Web. 10 July 2011. Smith summarizes and explains the effects of a federal law that started in July 2010 designed to help lower the costs of textbooks, which Smith says 34 state legislatures are also doing. The new federal law “requires publishers to tell professors the student’s price of textbooks” (A5), eliminates bundling, and requires colleges to tell students at registration time what books are needed. Smith interviews a spokesperson for the Association of American Publishers, who says they are “happy” with the law and are hoping to “provide a range of options that meet all students’ budgets, and to help schools control their costs”(A5). Smith also mentions the PIRG study from 18 months ago that said students were leery of using electronic textbooks, but points out that “e-books are now so popular that Amazon said its Kindle reader outsold regular books this past Christmas” (A5). This is a short, but useful article since it updates a previous study. Also, it provides information from the publishers of textbooks, giving both sides of the story of the high price of textbooks. 5. “What Affects a Textbook’s Price?” SolutionsForStudentsSuccess.org. Association of American Publishers, n.d. Web. 10 July 2011. According to the Association of American Publishers (AAP), textbooks are very expensive for many reasons, including that “the cost of developing a new textbook and the accompanying materials can exceed $1 million,” with “most of this cost attributable to paying for the work and original ideas of authors, experts, editors, researchers, reviewers, and designers” (“What”). Other costs include printing, paper and even the costs of federal, state, and local taxes (“What”). The article refutes the idea that textbooks are out of line in their costs by citing “an independent student research service” that determined that the costs of textbooks were on average “less than five percent of an average student’s total direct higher education expenses” (“What”). The author also claims that textbook costs are not rising as fast as other college expenses (“What”), but does not cite a source for this information. This is a very biased article, since it was published on a website designed to fight back against all the critics and members of the government who want to regulate textbook costs. But it is an interesting source since it presents a side of the textbook story that isn’t often mentioned in other sources. Read More
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