The Higher Education Opportunity Act (HEOA) was signed into law in August 2008 and takes effect on July 1, 2010. This bill expands on the original Higher Education Act of 1965 and includes new requirements for schools, academic publishers, and school bookstores. The goal of the HEOA is to increase student access to affordable course materials through transparency in the listings of courses, textbook editions and bundles, and online purchasing options.
The Akadémos virtual bookstore + marketplace solution allows schools to comply with both the letter and the spirit of HEOA, as students can view detailed bibliographic information (including ISBNs) linked directly to classes. Akadémos already provides all of the required and recommended cost-saving solutions in the act, including an integrated peer-to-peer marketplace, used books & eBooks, rental options, and online textbook buyback.