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Can Renting Textbooks Save College Bookstores? #textbook #college #author #nonfiction

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Answer to e-books? Renting textbooks

 

Long feared on death’s door, college bookstores have been given a new lease on life — credit textbook rentals.

The nation’s brick-and-mortar college bookstores have been struggling to compete with online retailers. Their answer to e-books is an alliance with former rivals: textbook rental companies, such as CampusBookRentals.com,a major driver of the movement that offers kiosks within stores themselves.

Auburn, UConn, Wake Forest and dozens of other university bookstores offer rental options to students.

Ebook Publishing Design Edition First Graphic Aggregators Ebooks Publishers Distribution POD Designing Approved Aggregator How Services Academic Distributor Chapter Submission Professional Firsteditiondesignpublishing.com published book market Bill Simpson, president of the UConn Co-op bookstore, said the system allows students to spend less money on textbooks overall while the store is able to rent the textbooks many times before they leave the store’s inventory. Many large textbooks cost well over $100 but can be rented for about 33% to 55% less, according to the National Association of College Stores (NACS).

“You get to sell the book for less to the student, and we get paid more than if we had sold it directly to the student, so it’s a good deal for both of us,” Simpson said.

The NACS estimated that textbook rentals have saved students a total of $300 million this year.

In a recent survey, students estimated that they spent an average of $655 on textbooks this year, down from $702 four years ago.

Alternatives to paying the full price of a new textbook include buying used books and later selling them back to the store.

Textbook-industry analyst Jeff Cohen said that the popularity of in-store textbook rentals has been growing among students because of the initial cheap cost.

“Students have always wanted to have the lowest upfront cost,” Cohen said. “If a book is more expensive to buy but you’re going to get more value at the end of the semester, students will still rent” because they’re initially getting a cheaper price.

NACS representative Charles Schmidt said that students are drawn to renting because it is more risk-averse than buying a used textbook and later hoping to sell the book back at a good price.

“It’s kind of like buying a house vs. renting,” Schmidt said. “With the rental, they don’t have to … lay down 100 dollars for a new book and wait a semester and hope to get 50 back.”

Students have been able to rent textbooks online for a number of years, but in-store textbook rentals have only recently caught on. Touch-screen kiosks also enhance the experience for students.

The NACS said that nearly all of its 3,000 members will provide in-store textbook rentals this year, up from only 300 locations in the fall of 2009.

Source: http://www.usatoday.com  By: Drew Gingrich —  October 26, 2102

 

About First Edition Design Publishing:

Ebook Publishing Design Edition First Graphic Aggregators Ebooks Publishers Distribution POD Designing Approved Aggregator How Services Academic Distributor Chapter Submission Professional Firsteditiondesignpublishing.com published book market First Edition Design Publishing is the world’s largest eBook and POD (Print On Demand) book distributor. Ranked first in the industry, First Edition Design Publishing converts and formats manuscripts for every type of platform (e-reader). They submit Fiction, Non-Fiction, Academic and Children’s Books to Amazon, Apple, Barnes and Noble, Sony, Google, Kobo, Diesel, 3M, Ingram, Baker and Taylor, Nielsen, EBSCO, and over 100,000 additional on-line locations including retailers, libraries, schools, colleges and universities. The company’s POD division creates printed books and makes them available worldwide through their distribution network. First Edition Design Publishing is a licensed and approved Aggregator and holds licenses with Apple and Microsoft.

Visit: www.firsteditiondesignpublishing.com

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How to Manage Textbook Costs #FED_ebooks #ebooks #textbooks #author

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5 Ways to Help Manage High Costs of College Textbooks

 

When you think about the cost of college, you probably automatically consider tuition, room, and board–but you can’t ignore the cost of textbooks. With costs averaging now around $1,100 per year, according to the College Board, saving for your textbooks can be a major undertaking.

Although most scholarships won’t cover the cost of your books, some do–if you have earned enough scholarship awards to cover your tuition and other college expenses and have money to spare, see if you can use the remainder to cover books.

Ebook Publishing Design Edition First Graphic Aggregators Ebooks Publishers Distribution POD Designing Approved Aggregator How Services Academic Distributor Chapter Submission Professional Firsteditiondesignpublishing.com published book marketMost students, however, won’t have this option. Before you roll your textbook costs into yourstudent loan (which will need to be paid back with interest later), consider these five options:

1. Buy used: Used textbooks can be a great value, often costing as little as half the sticker price of a new book. Plus, you’ll have the added bonus of another student’s notes–which can be extremely beneficial. Be careful before purchasing a different edition than the one your professor is using, however; using an older version of the text can put your grade at risk, if information has changed significantly.

That said, the biggest issue with an older version of the book is usually a difference in page numbering between the two versions – which can make it tricky to follow page number references in class and reading assignments, but may be worth the significantly lower cost.

If you can’t handle someone else’s scribbles in your book, another way to defray costs is to buy new and sell your used book back at the end of the semester.

2. Buy e-books: A popular newer option, e-books offer many benefits: a less expensive price tag (sometimes half the cost of the print version or even less) and less weight to lug around campus (print textbooks can weigh three and a half pounds or more). However, it can be more difficult to take notes, and many e-books are purchased on a subscription program–meaning that, at the end of the semester, you no longer have access to the text.

3. Rent: Another option is renting the textbook. Though always cheaper than buying new, renting may not be as pocketbook friendly as buying new and selling back at the end of the semester.

4. Apply for textbook-specific scholarships: One such scholarship with an upcoming deadline is The MyBookBuyer.com Textbooks For a Year Scholarship. MyBookBuyer offers two scholarships for students who submit their applications by December 15–including a 750- to 1,250-word essay that answers the question, “What prominent person would you like to interview, and why?”

This may be someone who is living, deceased, or even fictional. (Of course, you must use a book to support your position.) The grand prize winner will take home $1,250 in cash for books, and the runner up will receive $250, so get writing!

5. Do your research, and do it often: New scholarship and grant opportunities occur pretty regularly to help defray the cost of college textbooks, including programs through Chegg (one such scholarship recently closed on August 31) and other textbook companies. One 10-minute search a week could help you find enough money to cover your books next year.

Source: Scholarship America | U.S.News & World Report LP

By: Janine Fugate

 Janine Fugate joined Scholarship America in 2002. She is an alumna of the College of Saint Benedict, Saint Joseph, Minn., and is currently pursuing a Master of Public Affairs at the Hubert H. Humphrey School of Public Affairs at the University of Minnesota. Fugate is the recipient of numerous scholarships at both the undergraduate and graduate level.

About First Edition Design Publishing:

Ebook Publishing Design Edition First Graphic Aggregators Ebooks Publishers Distribution POD Designing Approved Aggregator How Services Academic Distributor Chapter Submission Professional Firsteditiondesignpublishing.com published book market First Edition Design Publishing is the world’s largest eBook and POD (Print On Demand) book distributor. Ranked first in the industry, First Edition Design Publishing converts and formats manuscripts for every type of platform (e-reader). They submit Fiction, Non-Fiction, Academic and Children’s Books to Amazon, Apple, Barnes and Noble, Sony, Google, Kobo, Diesel, 3M, Ingram, Baker and Taylor, Nielsen, EBSCO, and over 100,000 additional on-line locations including retailers, libraries, schools, colleges and universities. The company’s POD division creates printed books and makes them available worldwide through their distribution network. First Edition Design Publishing is a licensed and approved Aggregator and holds licenses with Apple and Microsoft.

Visit: www.firsteditiondesignpublishing.com

Ebook Publishing Design Edition First Graphic Aggregators Ebooks Publishers Distribution POD Designing Approved Aggregator How Services Academic Distributor Chapter Submission Professional Firsteditiondesignpublishing.com published book market

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College Stores Association Argues Against DOJ, #eBooks and eTextbooks Are Different #FED_ebooks #college #textbook

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College Stores Association Argues Against DOJ, eBooks and eTextbooks Are Different

The National Association of College Stores wants the Department of Justice and the U.S. District Court to provide a clearer definition of “e-books” so that e-textbooks are not lumped in with consumer-focused trade e-books in the proposed e-book price-fixing settlement.

First Edition Design eBook Publisher Aggregator Master Distributor www.firsteditiondesignpublishing.comIn its July 23 response to comments on the proposed e-book price-fixing settlement between the DOJ and three of the largest U.S. publishers, the DOJ said, “because none of the Settling Defendants sell e-textbooks, and the Complaint already makes it clear that ‘e-books’ in the context of this case do not encompass ‘non-trade e-books’ such as ‘academic textbooks.’”

 

Counsel for the NACS says in a statement that this argument is not factual and not persuasive.

“Factually, the terms ‘academic textbook’ and ‘e-textbook’ are not used consistently, so without an explicit definition in the settlement agreement, interpretation of the document will be difficult and could cause publishers to hesitate to experiment in the higher education marketplace. Are ‘the Odyssey’ or ‘The Grapes of Wrath’ academic books when sold for use in a classroom?,” said Marc Fleischaker, of Arent Fox LLP, the NACS counsel.

Fleischaker goes on to argue that the settling publishers — Hachette, HarperCollins and Simon & Schuster — produce books that are used in the classroom and that they could go on to produce textbooks in the future if they chose.

Since no illegal conduct was alleged in the e-textbook market, the DOJ should make clear that e-textbooks are exempt from the settlement and from the lawsuit, the NACS says. Further, the NACS is urging the court — Judge Denise Cote — to reject the settlement unless it makes this distinction in the e-textbook market.

Later this Summer, Judge Cote will decide whether a proposed settlement between the Department of Justice and the three settling publishers is in the public interest and will go through. Antitrust experts expect the settlement to be approved. Nearly 900 comments have been sent to the judge, the vast majority of them against the settlement. Yesterday, the DOJ responded to the comments, reasserting the illegality of the publishers’ actions and that the settlement justly remedies the e-book price-fixing alleged in the DOJ’s lawsuit.

Source: www.digitalbookworld.com

First Edition Design Publishing  is the world’s largest eBook and POD (Print On Demand) distributor. Ranked first in the industry, First Edition Design Publishing converts, formats and submits Fiction, Non-Fiction, Academic and Children’s Books to Amazon, Apple, Barnes and Noble, Sony, Google, Kobo, Diesel, 3M, Ingram, Baker and Taylor, Nielsen, EBSCO, and scores of additional on-line retailers, libraries, schools, colleges and universities. The company also has a POD  division, which creates printed books and makes them available worldwide through their distribution network. The company is a licensed and approved Aggregator and holds licenses with both Apple and Microsoft. First Edition Design Publishing is the world’s largest eBook and POD (Print On Demand) distributor. Ranked first in the industry, First Edition Design Publishing converts, formats and submits Fiction, Non-Fiction, Academic and Children’s Books to Amazon, Apple, Barnes and Noble, Sony, Google, Kobo, Diesel, 3M, Ingram, Baker and Taylor, Nielsen, EBSCO, and scores of additional on-line retailers, libraries, schools, colleges and universities. The company also has a POD division, which creates printed books and makes them available worldwide through their distribution network. The company is a licensed and approved Aggregator and holds licenses with Apple and Microsoft.

www.firsteditiondesignpublishing.com

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College Students Prefer eTextbooks Survey Shows #FED_ebooks #ebooks #Author #Writer #Indieauthor

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College Students Boost Digital Adoption, According to CourseSmart Survey

  • Research shows that majority of students are more likely to bring a laptop than a print textbook to class with 53% of device owners reading eTextbooks frequently —
Press Release: CourseSmart

SAN MATEO, Calif., May 23, 2012 /PRNewswire/ — CourseSmart®, a provider of eTextbooks and digital course materials, today announced the results of a survey revealing college students’ growing reliance on technology. The survey of more than 500 currently enrolled college students found that nearly all college students  (98%) who own a device have used it for school and a majority of these students (53%) read eTextbooks frequently. Further, 90% of college students say they save time studying with technology — including mobile devices, digital textbooks, eReaders and tablets.

Fielded by Wakefield Research, an independent research consultancy, the survey revealed that technology has become a significant part of students’ everyday lives with the average using three devices daily. A majority (67%) can’t go more than one hour without using some sort of digital technology, with 40% not lasting more than 10 minutes.

“The survey underscores the undeniable influence technology has on today’s college experience. As technology continues to evolve and digital devices become integral to the evolution of higher education, it’s encouraging to see the positive impact on learning outcomes as students utilize advanced devices and digital course materials to streamline and improve their learning environment,” said Sean Devine, CEO of CourseSmart.

The Digital Backpack

First Edition Design PublishingOnce the backpack staple, print textbooks are losing their reputation of being indispensable. Only 5% of students say textbooks are the most important item in their bag and a majority of students say they are more likely to bring a laptop (51%) than a print textbook (39%) to class. Digital devices also allow for on-the-go reference to information with 79% of college students reporting they have done a quick search on a mobile device or tablet to verify something right before a test or a quiz.

According to the survey, technology is also streamlining students’ studies. The study found that 68% of college students who save time using technology report saving two hours or more each day and nearly one in six students (14%) saving five hours or more. Further, nearly 3 in 5 students (58%) report that they frequently are unable to complete required reading in time for class and of those, a majority (51%) said they would be more likely to do so if they had digital textbooks that could be accessed on a mobile device, eReader, laptop or tablet.

Online Learning Gains Momentum

Online courses are gaining popularity with 58% of students reporting they have taken an online course, motivated primarily by being able to take the class on their own time (63%), not having to physically be in a class (48%) and being able to learn at their own pace (47%). Even traditional brick and mortar classes, though, are incorporating online elements, creating increasingly hybrid experiences. Nearly all (96%) college students have had online components to a course: a majority of students (79%) have submitted assignments or papers online and 71% have taken online tests and quizzes.

Rise of Social

According to the survey, communication between faculty and students is becoming more social with nearly one in five (18%) students having received materials from their professor via Facebook. Professors are also relying more on technology for delivering class announcements and assignments: 84% of students have had professors post a class syllabus online and 78% of students have received class news and updates from their professors via campus systems, such as learning management systems or student portals.

“As we look forward, we will continue to see technology incorporated into even the most traditional of college experiences and classes. Within this new digital learning environment, students will have access to their entire higher education network, including social, grades, quizzes, textbooks and other course materials, in the palm of their hands,” added Devine.

Methodological Notes

The CourseSmart Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 500 Americans currently enrolled in college, ages 18-23, between Monday, April 30th, 2012 and Tuesday, May 8th, 2012, using an email invitation and an online survey. Quotas were set to ensure reliable and accurate representation of the total U.S. population between the ages of 18 and 23.

First Edition Design Publishing

First Edition Design Publishing, based in Sarasota, Florida, USA leads the industry in eBook distribution. They convert, format and submit eBooks to Amazon, Apple, Barnes and Noble, Sony, Google, Kobo, Diesel, 3M, Ingram, Baker and Taylor, Nielsen, EBSCO, scores of additional on-line retailers and libraries, schools, colleges and universities. The company also has a POD (Print On Demand) division, which creates printed books and makes them available worldwide through their distribution network.

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