Problem: Overpriced Textbooks, Solution: Opensource Material
Last week, NBC news announced that textbooks prices have risen 1,041% since 1977, three times the rate of inflation according to the Bureau of Labor Statistics. As if tuition costs weren’t already exorbitant. For the 2014-2015 academic year, the average private four-year college tuition in Massachusetts was $34,643, which does not include the average room and board of $11,181. Even the UMass price-tag is a stretch for working-class families; UMass Amherst, for example, estimates 2015-2016 tuition fees at $14,171. Surprisingly, textbook price increases have outpaced even the 559% increase in college tuition and fees over the past three decades. Even more problematic is that textbook prices, unlike tuition, are not factored into the Expected Family Contribution (EFC) calculated by the U.S. Department […]