Improving Textbook Affordability: New White Paper Provides a Roadmap for Colleges and Universities

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Akademos Inc. releases a new White Paper, Reducing Textbook Costs through Transitioning to an Online Bookstore, with case study data from institutions that have successfully made the transition and key best practice recommendations for Colleges and Universities interested in evaluating new lower cost textbook and class material options for students.

Today, Akademos Inc. released a new White Paper that outlines best practices for Colleges and Universities to address the concerns of administrators, faculty, students and parents over the escalating cost of textbooks.

The White Paper highlights the recent experience of two institutions that have successfully addressed textbook affordability by making the transition to an online bookstore. Furthermore, the study provides key steps and detailed best practices for the following topics:

1.    Identifying the magnitude of the problem for students
2.    Establishing key requirements and criteria for the new solution
3.    Distinguishing key components of the implementation process and timeline
4.    Collecting and analyzing outcomes and results

“Over the past three decades college textbook prices have grown 812%, increasing three times faster than the Consumer Price Index. Colleges are now searching for new solutions to lower costs and support their core mission of educating students,” said Jonathan Shar, Chief Marketing Officer of Akademos.

“Recent studies have shown that many students are opting not to buy any or all textbooks for at least one of their courses due to these high prices, leading to students being less prepared for class and negatively impacting their academic performance,” said Shar. Left unchecked, these factors may undermine the fundamental mission of many Colleges and Universities. We think this White Paper will provide important insights for Institutions across the country focused on addressing these challenges."

For a copy of Akademos’ Reducing Textbook Costs through Transitioning to an Online Bookstore White Paper, go to White Paper is available at no charge.

To learn more about expanding affordable textbook options for students and our online bookstore services for educational institutions, visit the Akademos website. To see how the Akademos solution can work for your school, register today for a personalized 1:1 consultation.

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Tara Honyotski
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