Market pressure builds to provide alternatives to costly textbooks
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A report issued by the United States Government Accountability Office on June 6 confirms a trend of the educational publishing industry: textbook costs to students at higher education institutions are rising 6% per year on average, and have risen 82% over the last decade. The study, ordered by Congress, looks at the efforts of publishers and colleges to increase the availability of textbook price information and "unbundled" buying options as required under provisions in the Higher Education Opportunity Act of 2008 (HEOA). The GAO also interviewed faculty regarding benefits of this transparency and offering of new options for students purchasing course materials.
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