Norwalk, CT (PRWEB) December 12, 2013
The latest survey from Akademos, a leading provider of integrated online bookstores and marketplaces for educational institutions, shows that having a textbook affordability program can help lower textbook costs and increase both student and faculty satisfaction with textbook prices. However, only 16% of respondents to the College President, Provost, and Chief Academic Officer Survey on Textbook Delivery and Bookstore Services stated they had a formal program in place to help faculty select high-quality, low-cost texts.
College administrators were in agreement that textbook prices do impact retention and persistence. Student and faculty satisfaction with textbook prices were reported as extremely low, with 81% of students and 44% of faculty estimated as dissatisfied. Survey respondents reported that one-third of students are shopping outside the school bookstore for textbooks.
“With the rising emphasis on college affordability and student debt, we’re pleased to see that those institutions that take up the question of textbook affordability are having a positive impact on both faculty and students," said John Squires, CEO of Akademos. “We think that every college should be considering how to help faculty select high-quality, lower-cost teaching materials and look into the most efficient means to deliver those products to their students. Establishing a textbook affordability committee is a valuable first step in this commitment.”
To view a copy of the 2013 College President, Provost, and Chief Academic Officer Survey on Textbook Delivery and Bookstore Services, visit the Akademos resources page.
Akademos believes every student should have access to high-quality, low-cost textbooks. To learn more about online bookstore service offerings for educational institutions, visit the Akademos website.
Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos' direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.