RateMyProfessors.com Launches New Feature for Students to Rent Textbooks Online Powered By Chegg.com

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New Service Gives Students Direct Access to Database of Over 2.4 Million Textbooks

The high cost of college textbooks is an issue that many students have struggled with for years, and mtvU is very happy to partner with Chegg.com to help students find an economical alternative.

RateMyProfessors.com, the Internet’s largest destination for professor ratings, today launched a new feature allowing students to rent textbooks directly from the site. Powered by Chegg.com, students will have access to more than 2.4 million college textbooks, offering savings at more than 6,400 colleges and universities across America.

RateMyProfessors.com helps students figure out which professors they'll register with next semester, and which professors they may want to avoid. With a database of over 1 million professors at 6,000 schools, students consistently turn to the site to connect with peers to help select their class schedule. Now, while viewing a professor’s profile, students can also access the books they need for that class at a discounted price. On average, students can save more than $600 per year by renting their textbooks.

“The high cost of college textbooks is an issue that many students have struggled with for years, and mtvU is very happy to partner with Chegg.com to help students find an economical alternative,” said Chris McCarthy, Senior Vice President of Strategic Development and Digital TV Networks, MTV. “Each semester, millions of students seek out RateMyProfessors.com to navigate their class schedules -- now they can use the same site to save time, and more importantly money, while selecting their textbooks.”

To date, Chegg.com has helped students save more than $78 million. The company’s search, order and return engine will be built directly into RateMyProfessors’ Website, so students won’t have to navigate multiple Websites to find a book required for an instructor’s class. Through this new feature, students can easily find the books they need by searching with the ISBN number, author, title or keyword. The results returned will include rental price, rental term, due date and detailed information about the book.
“Our partnership with mtvU’s RateMyProfessor represents another avenue in our mission to save students money through textbook rentals,” said Aayush Phumbhra, co-founder and senior vice president of operations at Chegg.com. “Combining the textbook rental service of Chegg.com with RateMyProfessors.com presents a powerful one-two punch that will not only help students save money, but help them find the highest rated teachers at their school.”

RateMyProfessors.com, which is owned and operated by mtvU, currently features 10 million comments from students around the country rating their favorite- and not-so favorite- professors on campus. For the month of November, RateMyProfessors.com experienced 24 percent growth in unique visitors versus 2008. Year over year, the site is on track for double-digit growth in unique visitors. Additionally, out of the 10 million comments already on the site, approximately 1.4 million were generated in 2009 alone.
For more information, please visit RateMyProfessors.com.

About mtvU
Broadcast to more than 750 college campuses and via top cable distributors in 700 college communities nationwide, mtvU reaches nearly 9 million U.S. college students – making it the largest, most comprehensive television network just for college students. Twenty-four hours a day, seven days a week, mtvU can be seen in the dining areas, fitness centers, student lounges and dorm rooms of campuses throughout the U.S., as well as on cable systems from Charter Communications, Verizon FiOS TV, Suddenlink Communications, AT&T u-Verse and nearly 70 others. mtvU is dedicated to every aspect of college life, reaching students everywhere they are: on-air, online and on campus. mtvU programs music videos from emerging artists that can’t be seen anywhere else, news, student life features and initiatives that give college students the tools to advance positive social change. mtvU is always on campus, with hundreds of events per year, including exclusive concerts, giveaways, shooting mtvU series and more. For more information about mtvU, and a complete programming schedule, visit http://www.mtvU.com.

mtvU also owns and operates the College Media Network, the largest interactive network of online college newspapers in the US, and RateMyProfessors.com, the Internet’s largest listing of collegiate professor ratings. The College Media Network comprises 600 campus publications that serve institutions including Brown University, Ohio State University, the University of Notre Dame, the University of Texas at Austin and Duke University, with a combined enrollment of over 5.5 million students, reaching an average of 5 million unique users each month. RateMyProfessors.com reaches approximately 3 million college students each month, via the site’s more than 10 million student-generated ratings of over 1,000,000 college professors.

About Chegg.com
Chegg's transformative concept of money-saving, rental access to textbooks has made it one of the Internet's fastest growing new companies and the number one online textbook rental company. Launched nationally in 2007, Chegg has saved students more than $78 million at more than 6,400 colleges. With a growing inventory of more than 2.4 million titles, Chegg puts textbooks into the hands of students when they need them arriving in the brand's iconic orange box. For every book rented, Chegg plants a tree through American Forests' Global ReLeaf Program. To date, Chegg has planted more than 1.5 million trees.

Janice Gatti
Director of Communications, MTV     
(212) 846-8852

Tina Couch
VP of Public Relations, Chegg.com
(408) 855-4471


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