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Crazy Textbook Prices

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Crazy Textbook Prices

Textbook prices have been rising at double the rate of inflation for the past two decades, according to a Government Accountability Office study. In Virginia, more than 40 percent of students surveyed by the State Council of Higher Education for Virginia said they sometimes just do without.

That's been increasing, said Jennifer Libertowski of the National Association of College Stores; recently, the group found that nearly 60 percent of students nationwide choose not to buy all the course materials.

For those whose parents are writing $40,000-plus tuition checks every year and covering rent for a D.C. apartment, a few books might not seem like a big deal. But for students working to pay for school or for those whose parents sweat every increase in tuition, book prices can be a nasty surprise -- one more thing putting college out of reach. Annuity Rates

Students at four-year schools spent, on average, about $900 for books and supplies in 2003-04, more than a quarter of the cost of tuition and fees. At community colleges, the GAO study found, the books amounted to almost three-quarters of the cost.

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