Recently, the University of Louisiana at Lafayette made headlines for a $1,000 eBook. The access code for an introductory accounting course was purposefully priced at almost 4x the cost of the printed textbook. Criticism of the university and publisher spread quickly over social media, accusing them of price manipulation and scamming students into more debt. UL-Lafayette’s response did not do much to assuage anger, causing much disbelief that the institution acted on “good intentions.” Even further providing fuel for the fire when the price of the digital version was changed to match the print version and not significantly lower like most digital texts.
My student loan balance is over $20,000. I don’t own a home, have kids, or go on vacations. I have too much credit card debt and not enough savings. I am 37. I am one of the 44 million Americans struggling with the financial hardships of getting a college degree, delaying and even refraining from participating in the life milestones that keep the economy functioning. Since the year 2000, the economy has gone through two recessions, wages of college grads continually decreased, lowering lifetime earning potential, and college costs steadily increased – the single largest increase in higher education costs is textbook prices.
Over the past academic year, 16 institutions have chosen the Akademos virtual bookstore solution, lowering textbook prices for students and offering advanced tools for faculty.
16 colleges and universities have selected Akademos as their virtual bookstore services provider for the upcoming academic year. These partnerships highlight the growing trend for colleges and universities to prioritize textbook affordability and student academic success by moving to a virtual model for course materials.
Akademos’ low cost course materials and highly personalized service to support student academic success
Midway University has selected Akademos as its new online bookstore provider to help students save on their textbooks. The private, liberal arts university was founded in 1847 and offers career-focused degree programs for undergraduate and graduate students. The University, located in Midway, Kentucky, will launch its Akademos bookstore on July 1 in support of its Fall Term 2018.
Akademos Platform will Provide Lower Textbook Prices for Students and Enhanced Support and Service for Faculty
The University of Oklahoma (OU) has selected Akademos as its online bookstore services provider to help students obtain significant savings on course materials. Advanced adoption tools will be available to its faculty and actionable data and analytical resources will connect learning material selections to academic outcomes. The University will maintain an on-campus “Fan Shop” to support the sale of school spirit and general merchandise items. All course materials will be available via the Akademos online bookstore platform in support of Spring Term 2019 classes.
Unique platform and marketplace will provide students with personalized service and affordable course materials, and the College with data and tools to support student success
North Central College in Naperville, Illinois, has selected Akademos as its online bookstore provider to help students obtain significant savings on course materials, a wider selection of textbook formats and payment options, and a best-in-class personalized ordering experience. The College plans to launch its online bookstore in the fall of 2018.