What do CFOs think about the future of textbooks sold in college bookstores? Our 2013 College CFO Survey on Textbook Delivery and Bookstore Services has been completed and posted to our resources webpage. Check out the summary in our Textbook Delivery infographic below. Or download the full report.
For those of us who live and work in the New York metropolitan area, Sandy's effects continue to linger. Even now, gas stations in NY and NJ remain shuttered, and many people speak about their inability to get much work done. The Akademos office in CT and our employees fared well, though some were without power and were displaced from their homes temporarily. Many of our partner schools are located in areas that were in the path of the storm. To those schools, as we have said, if any of your students are experiencing hardship, please let us know. We have already given out a number of textbook scholarships to students at Akademos partner schools whose lives were affected. There is still work to be done in order to rebuild the community. We thank everyone for their well wishes as we begin to get back to normal.
An article on the cover of Thursday’s Wall Street Journal headlined with: College Debt Hits Well-Off. I had to think about it for a moment, mostly because I expected to see something more like “college debt hits record highs.” But it means what it says—college debt is now impacting the upper-middle class financially more than before.
The article focuses on families making between approximately $95,000 and $205,000 in annual income. This population experienced an increase in student loan debt from 2007 to 2010. The data came from the College Board while the analysis was provided by WSJ using data from the Federal Reserve Survey of Consumer Finance.