We are pleased to announce that our college President, Provost, and CAO survey on textbook trends is now complete!
What did we find? Schools with textbook affordability programs report lower textbook costs, as well as higher student and faculty satisfaction with textbook costs.
The bad news? Only 16% of schools surveyed reported having a formal textbook affordability program.
The good news? Our report includes some simple tips for starting and/or optimizing a textbook affordability program at your school.
Below are some additional key findings:
- 93% of respondents agree that textbook costs impact retention and persistence/completion.
- The majority of faculty and students are dissatisfied with textbook prices.
- Obstacles to reducing textbook costs included the perception that publisher prices are increasing, that no one person or department is accountable, and that faculty don’t consider price in selecting appropriate texts.
As you may recall, in our CFO Survey on Textbook Delivery and Bookstore Services, 89% of respondents confirmed that students were leaving the campus-based bookstore to shop elsewhere. High cost is the leading factor that’s driving students away.
A big thank you to our 500 participants for their time and feedback- we couldn’t have done it without you. If you were unable to participate in our last survey – email us! We’d love to hear your opinion on textbook delivery and the future of bookstore services.
You can download the executive summary white paper from our Resources page.