But at the crux, the economic problem students face here is cost of books VS value of education. And that's a really hard one to argue against that.
Business Shrink brings an interesting article on this issue, highlighting the financial problem in the States and various alternatives :
Before you start to assume who is getting all of the profits in the business, let’s take a look at the numbers as released by the National Association of College Stores. They breakdown the price distribution in an easy to view layout.
College Textbook Profits
Publisher: 64.3 percent
Bookstore: 22.4 percent
Author: 11.6 percent
Shipping: 1.7 percent
The college textbook revolution is now ringing in with a new model and ideas with the power of the Internet, Web 2.0 companies and also environmental minds pulling together. There are offshoots of a variety of companies that are aiming to fix the rising textbook problems.
But my contention at the end of the day is still that given today's technological standards, educational information could be and should be available freely. Or publishers/distributors should become more creative in their handling of this issue of rising costs. On-demand publishing anyone?
Read the full article here: College textbook prices up 186% since 1986; enter revolution