Wednesday, July 29, 2015
Soaring College Textbook Prices: Part of the Unsustainable Higher Education Bubble
The graph above shows the historical increase in college textbooks (+981%) between 1978 and 2014 in comparison to increases in the overall CPI (+262%), the CPI for medical care (+604%), and the median sales price for new homes (+408%) over that 37-year period.
Textbook prices seem like they are clearly on an unsustainable trajectory.
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