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

Akademos

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.  

CUNY’s Medgar Evers College Selects Akademos' Online Bookstore Solution

Medgar Evers chooses Akademos to improve student success and increase Medgar Evers College Selects Akademos to Reduce Textbook Costs for Studentstextbook affordability, becoming the second City University of New York
(CUNY) institution to partner with Akademos.

Akademos announced today that City University of New York’s (CUNY) Medgar Evers College has joined its rapidly growing list of partner schools.

New Webinar: Textbook Affordability and Bookstore Services

Learn about emerging trends in bookstore services and hear Robert Pignatello from John Jay College discuss future-proof solutions. 

future_of_textbook_deliveryWEBINAR2015 College CFO Survey on Textbook Affordability and Bookstore Services

The college bookstore services landscape has been radically transformed over the last few years as students, faculty and administrators are increasingly concerned about the escalating costs of textbooks. Colleges are
now searching for new solutions to lower costs and support their core mission of educating students.

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How To Determine Your College Bookstore's Key Requirements

 


Over the past three decades college textbook and course material prices have grown 812%,Reducing Textbook Cost Through Transitioning to an Online Bookstore Solution increasing three times faster than the Consumer Price Index. Administrators, faculty, students, and parents are increasingly concerned about the escalating cost of textbooks. Colleges are now searching for new solutions to lower costs and support their core mission of educating students.

While the need for new solutions to lower textbook costs is clearly understood, establishing key requirements and criteria is critical to evaluating which solutions are the best fit for each institution.

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Benefits of Establishing a Textbook Affordability Committee

Adapted from our white paper, Reducing Textbook Costs through Transitioning to an Online Bookstore. Click here to download a free copy. The Benefits of Establishing a Textbook Affordability Committee

According to the U.S. PIRG Education Fund and the Student PIRGS’ Fixing the Broken Textbook Market report, 65% of students surveyed said that they had decided against buying a textbook because it was too expensive. The survey also found that 94% of students who had foregone purchasing a textbook were concerned that doing so would hurt their grade in a course.

If your college’s experience is similar, it’s important to consider the factors that might be contributing to poor student utilization of your college bookstore. As a first step, undertake an audit of your current service and consider all the elements that might be contributing to either high material costs or low student satisfaction.

New Webinar: Community Colleges and Solving Escalating Textbook Costs

In partnership with The American Association of Community Colleges, Akademos is pleased to announce that registration is now open for a brand new webinar focused on addressing the rising costs of textbooks.

See details below and register for free today! Space is limited, so don't miss out.

Community Colleges and Solving Escalating Textbook Costs

Webinar: Tuesday, March 24, 2:00PM - 3:00PM ET

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