Dive Summary:
- The California State University system is trying to use technology and its leverage with publishers to save students money by allowing them to rent steeply discounted electronic versions of textbooks.
- More than 45,000 titles are expected by the fall, up from 5,000 when the program began last year.
- On average, a new book that costs $100 will cost about $50 to rent in its electronic version.
From the article:
... College officials decided to pursue the arrangement with publishers and distributors when they realized they could help students by leveraging their buying power. CSU has agreements with Cengage Learning, Course-Smart, Follett, Barnes & Noble, Schlager Milestone Documents and W.W. Norton under the program. ...