Friday, June 01, 2007

Solution to Textbook Market

"College textbooks are expensive because the market for them is broken, and the solutions many colleges and state legislatures are developing are not enough, a federal panel says in a report scheduled for release today.

In the report, the Advisory Committee on Student Financial Assistance, an independent panel that advises Congress, discourages the passage of more state and federal laws on the textbook-cost issue. Instead, it proposes the creation of a "national digital marketplace" that would allow instructors to select and students to buy custom-designed texts -- a chapter from one book, a case study from another -- while protecting fair-use allowances and publishers' copyrights." This is quoted from an article by Sara Lipka in today's report in The Chronicle of Higher Education. Do you have any comments on the cost of textbooks or possible solutions to the broken market? What do you think about a digital marketplace? Click on [Comments] below and let us know what you think.

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