Textbooks sold overseas equal savings
Campus Times
November 7, 2003
It is coming. We are about halfway there. Yes, the time to buy textbooks
for next semester is getting closer everyday.
Each semester students dread taking that walk to the bookstore to buy
their textbooks. Why? Because a hefty price tag usually comes with those
required texts.
According to the College Board, students spent between $727 and $807
for textbooks and supplies for the 2002-2003 school year. Often students
charge the amount to their credit card, putting them in debt.
With the Internet at their fingertips, students have found ways to save
a few bucks on textbooks. Amazon.com is among those sites that students
have found to give them a better price for textbooks.
Although Amazon has been a godsend to students, there is another revolution
in textbook prices. The new trend in online textbook purchasing is by shopping
on Web sites based overseas. Sites like www.amazon.co.uk are selling books well below the United
States selling price.
In a non-scientific comparison of books purchased by University of La
Verne students, the required text for CHEM 280, "World of Chemistry
Essentials" third edition, is sold for $82.50 new. At www.amazon.com the same book is sold for $67.95, while
at www.amazon.co.uk it is sold for $46.69 (after currency
conversions).
Buying this textbook through a Britain-based Web site leaves more money
in students' pockets.
So why do U.S. students have to pay more than students in Britain?
Some sources say it is because students overseas are more likely to
pirate a high priced book. Others say it is because there are different
market conditions in foreign countries.
In 1998, the Supreme Court ruled that federal copyright laws do not
protect American manufacturers from having their products sold overseas
at a discounted price in the United States.
Whether a comprehensive answer is available, the thought of buying a
new textbook that is more than $100 in the ULV Bookstore is easily sold
for $50 on overseas Web sites.
According to the National Association of College Stores, about half
of all students do not purchase all the required texts because of high price.
Students generally find a friend who has the same book, share the cost
with a friend in the class, or some borrow the book from a friend
as needed for homework and studying.
Often times students do not have a choice but to purchase a new book
when a professor requires the new edition, which only differs in chapter
order or page numbering.
Granted, once a new edition of a textbook is printed, it automatically
becomes obsolete because publishers will no longer produce additional copies.
If the book still has the same information, what is the need to upgrade
to a new edition?
Instead professors could continue to use the same book for a couple
more semesters so students can continue to save money on a used copy.
In a recent article in the Chronicle of Higher Education, professors
admitted to requiring new textbooks because they had been paid to do so
by publishers.
While we do not believe that happens here, it is a rude awakening to
find that some professors across the country are partly responsible for
high textbook prices.
Publishers try to stop the overseas shopping trend by incorporating
restrictions into a contract with foreign vendors. These restrictions prohibit
foreign wholesalers from selling to distributors in the United States.
Illinois and Minnesota have passed legislation that encourages libraries
at state universities to establish textbook rental programs.
If a rental program were established at ULV, students would save a lot
of money.
For example, a $120 textbook that is used for two years, which is equivalent
to four semesters, can be rented per semester for a small fee. By the time
the new edition comes out, the rental fees have paid for the book.
If a student wants to keep a book, he or she can buy it at full price.
Textbooks used for limited readings can be put on reserve in the library
by the instructor, which would save students money or having to buy a book
that is sparsely used in class.
Now that the Internet is available to all students, through a campus
computer lab or their dorm room, publishers should look into eBooks.
Making textbooks available online with through an online subscription
would almost eliminate costs for students and they would be able to access
their book from any computer.
With the compounding costs of attending ULV, anything that can be done
to save students money is much appreciated.
Additional Book Price Comparisons
MUS 100: "The Enjoyment of Music"
ULV Bookstore: $89.00
www.Amazon.co.uk: $39.19 (£23.00)
HIST 110: "Liberty, Equality, Power"
ULV Bookstore: $100.25
www.Amazon.co.uk: $50.03 (£30.00)
PSY101: "Psychology"
ULV Bookstore: $97.50
www.Amazon.co.uk: $58.66 (£34.99)