Since 1977 the prices of textbooks has increased over 1,000%. That is over four times the rate of inflation. Nationally, students are being asked to budget over $1,200 a year for books. These increases have had a negative impact on our students.
Recent studies have found:
When you look at what students are paying for, there is a lot that is out of our hands. Many educational costs are fixed. We cannot help what the students are paying for rent or what they are spending their money on for personal expenses. The area that we can make a difference in is textbooks and supplies. This is a major pain point for a lot of our students and what the data is saying is very troublesome.