Rare Book Monthly

Articles - September - 2007 Issue

What is More Expensive than a Collectible Book? -- The Outrageous Cost of College Textbooks

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Textbook publishers have been adept at keeping prices high. The used book market, which BookFinder helps students access, is countered by constantly revised editions, making older ones "obsolete." In rapidly changing fields such as medicine and the sciences, this may be necessary, but math doesn't change all that much from year to year, particularly at its basic levels. Nor does history change, or classical music, or Shakespeare or English and other languages. Revised editions add to students' costs, not knowledge, but making older editions obsolete dries up the used book market, though the change may be more in appearance than substance. And then there are add-ons, like CDs provided with textbooks, that make it difficult for students to use perfectly good used copies.

Several ideas have been floated to deal with this problem. Michael Granof, a University of Texas professor, recently published an Op-Ed proposal in the New York Times suggesting that texts be sold on the basis of a "site license," rather than a book, like software. Everyone in a class would be required, as part of the course cost, to pay a license fee. That amount would be something reasonable, but all students would have to pay it. Then, students could access the text online for no additional cost, or buy a new or used hard copy. Hard copies would be offered for their actual production cost, comparatively small, rather than the huge mark-ups which generate the profits. Profits would come from the site license. A good text could provide ongoing profits for the author and publisher for years with no extra costs to them. At that point, the profit percentage is 100%, though each student might only have to pay, Granof suggests, $15 for the license.

While a clever idea, its implementation might be a bit complicated. Perhaps universities should band together to provide lists of recommended textbooks, with only those fairly priced included. Of course asking universities, already engaged in their own absurd pricing, to help remedy the textbook problem might be a bit of a stretch. It may just bring more attention to their own shortcomings. Perhaps the state universities should lead this attack. Currently, many states provide recommended if not mandated textbook lists for secondary schools. They could logically help on the university level, although I would not favor requiring colleges to buy from these lists. This would allow states, which is to say politicians, to determine what students can be taught. That's not a good idea. However, if they provided recommended lists based on price, it is likely that most publishers would have to offer all of their textbooks at more rational prices to compete with those on the list.

For now, students will have to scrounge for the best prices they can find, and the bookselling sites, or site searchers like BookFinder, can help. Of course, it you are told which textbook to buy in your first class, and given an assignment from it that night, a web merchant is not going to be of much help. If the student has a few days, then online becomes a cheaper, though not cheap, alternative. BookFinder listed a typical course load example from the University of California at Berkeley, where the textbooks all new for one semester were $635, at a discount book store $517, and through the web $272.45. That is not a solution to the problem, but it is a stopgap for now until we have the will to tackle this issue.

Rare Book Monthly

  • Doyle, May 1: Thomas Jefferson expresses fears of "a war of extermination" in Saint-Dominigue. $40,000 to $60,000.
    Doyle, May 1: An exceptional presentation copy of Fitzgerald's last book, in the first issue dust jacket. $25,000 to $35,000.
    Doyle, May 1: The rare first signed edition of Dorian Gray. $15,000 to $25,000.
    Doyle, May 1: The Prayer Book of Jehan Bernachier. $10,000 to $15,000.
    Doyle, May 1: Van Dyck's Icones Principum Virorum Doctorum. $10,000 to $15,000.
    Doyle, May 1: The magnificent Cranach Hamlet in the deluxe binding by Dõrfner. $7,000 to $10,000.
    Doyle, May 1: A remarkable unpublished manuscript of a voyage to South America in 1759-1764. $3,000 to $5,000.
    Doyle, May 1: Bouchette's monumental and rare wall map of Lower Canada. $12,000 to $18,000.
    Doyle, May 1: An rare original 1837 abolitionist woodblock. $8,000 to $12,000.
    Doyle, May 1: An important manuscript breviary in Middle Dutch. $15,000 to $25,000.
    Doyle, May 1: An extraordinary Old Testament manuscript, circa 1250. $20,000 to $30,000.
  • Leland Little, Apr. 26: First Edition of Piccolomini's De La Sfera del Mondo (The Sphere of the World), 1540.
    Leland Little, Apr. 26: First Edition of Vellutello's Commentary on Petrarch, With Map, 1525.
    Leland Little, Apr. 26: Finely Bound Definitive, Illustrated Edition of I Promessi Sposi, 1840.
    Leland Little, Apr. 26: Rare First Edition of John Milton's Latin Correspondence, 1674.
    Leland Little, Apr. 26: Giolito's Edition of Boccaccio's The Decamerone, with Bedford Binding, 1542.
    Leland Little, Apr. 26: First Edition of the First Biography of Marie of the Incarnation, with Rare Portrait, 1677.
    Leland Little, Apr. 26: First Aldine Edition of Volume One of Cicero's Orationes, 1540.
    Leland Little, Apr. 26: First Edition of Bonanni's Illustrated Costume Catalogue, with Complete Plates, 1711.
    Leland Little, Apr. 26: An Important Incunable, the First Italian Edition of Josephus's De Bello Judaico, 1480.
    Leland Little, Apr. 26: First Edition of Jacques Philippe d'Orville's Illustrated Book of the Ruins of Sicily, 1764.
    Leland Little, Apr. 26: An Incunable from 1487, The Contemplative Life, with Early Manuscript.
    Leland Little, Apr. 26: Ignatius of Loyola's Exercitia Spiritualia, 1563.
  • Jeschke Jadi
    Auction 151
    Saturday, April 27, 2024
    Jeschke Jádi, Apr. 27: Lot 546. Christoph Jacob Trew. Plantae selectae, 1750-1773.
    Jeschke Jádi, Apr. 27: Lot 70. Thomas Murner. Die Narren beschwerung. 1558.
    Jeschke Jádi, Apr. 27: Lot 621. Michael Bernhard Valentini. Museum Museorum, 1714.
    Jeschke Jadi
    Auction 151
    Saturday, April 27, 2024
    Jeschke Jádi, Apr. 27: Lot 545. Sander Reichenbachia. Orchids illustrated and described, 1888-1894.
    Jeschke Jádi, Apr. 27: Lot 1018. Marinetti, Boccioni, Pratella Futurism - Comprehensive collection of 35 Futurist manifestos, some of them exceptionally rare. 1909-1933.
    Jeschke Jádi, Apr. 27: Lot 634. August Johann Rösel von Rosenhof. 3 Original Drawings, around 1740.
    Jeschke Jadi
    Auction 151
    Saturday, April 27, 2024
    Jeschke Jádi, Apr. 27: Lot 671. Jacob / Picasso. Chronique des Temps, 1956.
    Jeschke Jádi, Apr. 27: Lot 1260. Mary Webb. Sarn. 1948. Lucie Weill Art Deco Binding.
    Jeschke Jádi, Apr. 27: Lot 508. Felix Bonfils. 108 large-format photographs of Syria and Palestine.
    Jeschke Jadi
    Auction 151
    Saturday, April 27, 2024
    Jeschke Jádi, Apr. 27: Lot 967. Dante Aligheri and Salvador Dali. Divina Commedia, 1963.
    Jeschke Jádi, Apr. 27: Lot 1316. Tolouse-Lautrec. Dessinateur. Duhayon binding, 1948.
    Jeschke Jádi, Apr. 27: Lot 1303. Regards sur Paris. Braque, Picasso, Masson, 1962.
  • Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Winston Churchill. The Second World War. Set of First-Edition Volumes. 6,000 USD
    Sotheby’s, Available Now: A.A. Milne, Ernest H. Shepard. A Collection of The Pooh Books. Set of First-Editions. 18,600 USD
    Sotheby’s, Available Now: Salvador Dalí, Lewis Carroll. Alice's Adventures in Wonderland. Finely Bound and Signed Limited Edition. 15,000 USD
    Sotheby’s
    Modern First Editions
    Available for Immediate Purchase
    Sotheby’s, Available Now: Ian Fleming. Live and Let Die. First Edition. 9,500 USD
    Sotheby’s, Available Now: J.K. Rowling. Harry Potter Series. Finely Bound First Printing Set of Complete Series. 5,650 USD
    Sotheby’s, Available Now: Ernest Hemingway. A Farewell to Arms. First Edition, First Printing. 4,200 USD

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