Originally posted on PandoDaily:
As the cost of higher education skyrockets, the price of textbooks has increased at an even faster clip. According to the American Enterprise Institute, the cost of textbooks in 2012 was 812 percent higher now than it was three decades ago while tuition rose 559 percent over the same time span.
The average student spends roughly $1,000 a year on textbooks, often at the profit-making college bookstore, which doesn’t as a rule offer significant discounts. Some popular titles include “Chemistry: A Molecular Approach” (hardcover: $205.98 / Kindle: $129.50), “Management: Leading & Collaborating in the Competitive World” (hardcover: $202.48), and ”A Writer’s Reference” (hardcover: $70.17). Two hernia-inducing tomes, “Encyclopedia of International Media and Communications” ($1,215) and “Acta Philosophorum: The First Journal of Philosophy” ($1,450) head a list of the highest priced textbooks of all time, although I assume they don’t sell many of them.