COLLEGE TEXTBOOKS: WALL STREET’S NEW CASH COW
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✍️ The college textbook market has become dominated by Wall Street, with two companies, Barnes and Noble Education and Follett, controlling over half of the campus bookstores in the US. This has led to rising textbook prices and a scheme that automatically bills students for course materials, often without their knowledge or consent.
👉 Barnes and Noble Education and Follett control over half of the campus bookstores in the US 👉 The two companies have a scheme called 'inclusive access' that automatically bills students for course materials 👉 The scheme makes it difficult for students to opt out and can result in students paying for materials they don't need 👉 Critics argue that the scheme is predatory and benefits bookstores and publishers at the expense of students
-- #NicoleAllen,directorofopeneducationforSPARC #CailynNagle,seniorprogrammanagerofopeneducationalresourcesattheMichelson20MMFoundation #DanXie,politicaldirectorattheStudentPublicInterestResearchGroups #DavidHoyt,formerfinancemanagerattheUniversityofDenverbookstore #UniversityofDenver #UniversityofIowa #VillanovaUniversity #GeorgiaSouthern #education
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Nicole Allen, director of open education for SPARCCailyn Nagle, senior program manager of open educational resources at the Michelson 20MM FoundationDan Xie, political director at the Student Public Interest Research GroupsDavid Hoyt, former finance manager at the University of Denver bookstoreUniversity of DenverUniversity of IowaVillanova UniversityGeorgia Southern
