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Koch, James V. – Advisory Committee on Student Financial Assistance, 2006
Between 1986 and 2004, textbook prices rose 186 percent in the United States, or slightly more than six percent per year. Meanwhile, other prices rose only about three percent per year. This paper examines the economic reasons why textbook prices have escalated so briskly and what reasonable alternatives are available that might slow down these…
Descriptors: Textbooks, Economic Research, Economic Impact, Cost Effectiveness