Now experts worry the challenges students face in order to pay for course materials are about to get worse. McGraw-Hill and Cengage CNGO, +109.68% two major textbook publishers, announced Wednesday that they would merge, creating the second-largest supplier of textbooks and higher-education materials. Right now, five companies control about 80% of the textbook market and, if the merger is approved by regulators, that number could go down to four.
“The textbook market is already highly concentrated and this just takes it and puts it into fewer hands,” said Nicole Allen, the director of Open Education at the Scholarly Publishing and Academic Resources Coalition (SPARC), which advocates for more open sharing of educational materials. “Students are already captive consumers in this and this would just make it worse.”
Education, politics, and anything else that catches my attention.
Thursday, May 02, 2019
Adding To The Cost of a College Education...
Textbooks are ridiculously expensive, and probably will get more so:
We were all thrilled when our prof for waves class in physics chose a Dover Classic paperback for our textbook. It cost about $15. Dover bought up a bunch of classic textbooks and put them out as reprints at a fraction of the cost of other textbooks. Since much of physics and math hasn't changed much over the years, there's no reason not to look for vintage texts.
ReplyDeletehttps://www.amazon.com/Physics-Waves-Dover-Books/dp/0486649261/ref=sr_1_1?keywords=9780486649269&qid=1556912406&s=books&sr=1-1