New technology that has recently entered the marketplace could mean significant savings for students on textbooks. The Student PIRGs conducted this survey of college students to provide a snapshot their attitudes toward "high tech textbooks."
The Student PIRGs conducted this study to determine how digital textbooks can live up to their potential as a solution. Through a survey of 504 students from Oregon and Illinois and 50 commonly assigned textbook titles, we confirm three fundamental criteria – affordability, printing options, and accessibility. We found that publishers’ digital “e-textbooks” fail to meet these criteria, and that an emerging form of digital textbooks – open textbooks – are a perfect match. (August 2008)
Marking the first major federal action to curb the skyrocketing cost of college textbooks, Congress approved legislation today that will bring down prices for millions of students.
In 2007 Congress passed the College Cost Reduction and Access Act. The bill included several provisions to lessen the burden of student debt including:
- More than two billion dollars a year in additional funding for the Pell Grant program. The Pell Grant helps more than 5 million lower-income students each year.
- A new Income-Based Repayment program that allows student loan borrowers to repay their federal loans as a percentage of their income.
- Reductions in interest rates on subsidized Stafford student loans.
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