News and Insights on College Textbooks, Course Materials & Bookstore Services

Akademos

Jonathan Shar

Recent Posts:

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White Paper: CFO Survey on Textbook Delivery & Bookstore Services

Textbook delivery and bookstore services have become a prominent issue for college and university CFOs, likely due in part to increasing attention to the rising cost of textbooks from students, their families, accreditation committees, and state governments.

To better understand the scope of this issue, we are excited to release the results of our 2015 College CFO Survey on Textbook Delivery and Bookstore Services in this exclusive report.

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Graduate School USA Adopts Akademos Online Bookstore Solution

Graduate School USA joins with Akademos to deliver its students significant discounts on course materials and to utilize the new Akademos CoursePack Creator tool.

Graduate School USA Adopts Akademos Online Bookstore SolutionWe are pleased to announce that Graduate School USA has joined
our growing list of customer schools. Graduate School USA is a private, non-profit educational institution headquartered in Washington, DC. Effective immediately, Graduate School USA will take advantage of Akademos’ ability to lower textbook and course material costs for students and utilize its best-in-class CoursePack Creator tool.

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Mary Baldwin College Launches Akademos Virtual Bookstore Platform

Mary Baldwin partners with Akademos to improve student success and increase textbook affordability, becoming the third Council of Independent Colleges member in Virginia to move to the Akademos solution within the last 12 months.

Mary Baldwin Selects Akademos as Virtual Bookstore PlatformWe are pleased to announce that Mary Baldwin College, a private liberal arts college in Staunton Virginia, has joined our rapidly growing list of partner schools. Mary Baldwin joins Roanoke College and Bridgewater College as the third Council of Independent Colleges (CIC) member institution in Virginia to adopt Akademos' virtual bookstore platform within the last 12 months. 

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CUNY School of Law Launches Akademos’ Online Bookstore Solution

We are pleased to announce that the CUNY School of Law has joined our growing list of partner schools. The School of Law, along CUNY School of Law Selects Akademos' Online Bookstore Solutionwith Medgar Evers College and John Jay College of Criminal Justice, becomes the third City University of New York (CUNY) Institution to adopt Akademos' online bookstore solution within the last year.

Starting in Fall 2015, CUNY School of Law students can shop for textbooks and course materials in the money saving format of their choice and place orders anytime, anywhere through a mobile optimized online bookstore and marketplace.

The Impact of Textbook Affordability on Student Retention and Persistence

The focus on student retention and persistence is growing in importance to college administrators as they try to improve graduation rates and decrease the loss of tuition revenue from students that either drop out or transfer to another school.

According to the U.S. Department of Education, Center for Education Statistics, only 50% of those who enter higher education actually earn a bachelors degree. The reasons range from family problems and loneliness to academic struggles  and as the total cost of eduction has increased in the US, so has student attrition. 

In the 2015 College CFO Survey on Textbook Affordability and Bookstore Services, we asked participants if the increasing prices of textbooks played a role in student persistence and retention on their campus.  

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Why Rental College Textbook Sales Are On The Rise

Two years ago, Akademos published the first comprehensive survey of College CFOs regarding the future of college textbooks and bookstore services and again in an exclusive webinar held on April 29th which had released the preliminary findings of the 2015 follow-up study.2013 vs 2015 College Rental Textbook Data

In both surveys, participants were asked to estimate the breakdown of their bookstore's textbook sales.The latest survey found that on average, new books still represent the largest % of textbook sales; however in just two years this percentage has declined significantly (now 38%, down from 52%) - with Rentals growing by more than 60% (from 14% to 23% in 2015).

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