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The Value of a Textbook

June 2, 2008

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In the 1970s, when I was an undergraduate at Ohio’s Wittenberg University, I couldn't understand why my science textbooks seemed so outrageously expensive. The tenor of the times called for a reflexive cynicism when it came to big business, so my fellow students and I were certain the publishers were jacking up prices because they had us at their mercy. We needed those books to do well in class.

Today, as a professor of genetics and biology at the University of Minnesota, I still hear my students complain about the price of their textbooks, just as I did. The difference for me now is that -- as the author of one textbook on genetics and co-author of another on biology -- I have a much better idea today of what goes into the researching, writing, editing, illustrating and publishing of a state-of-the-art science textbook.

I also know that despite the high prices, the long-term value of an accurate, up-to-date textbook far exceeds its cost.

Textbooks are just one of the expenses involved in obtaining a college education, which remains one of the best investments any individual can make. The average cost of obtaining an undergraduate degree at a four-year college today is approximately $52,000. According to a 2007 College Board study, over a working life, the typical full-time, year-round worker with a four-year college degree earns more than 60 percent more than a worker with only a high school diploma. And textbook costs represent a small percentage of that investment relative to the value good textbooks provide.

Consider that, on average, undergraduate students spend approximately $700 a year on textbooks, which means textbook costs comprise, on average, about 7 percent of the total expenditure for college. The actual value that textbooks contribute as a percentage of a student's total college education is impossible to assess, but I would estimate it to be far more than 7 percent -- perhaps as much as 50 percent of their learning, especially during the freshman and sophomore years, when teachers and students rely largely on textbooks to provide a solid grounding in all scientific disciplines.

Why are textbooks – especially science textbooks – as expensive as they are? Several reasons come to mind, but the simplest and most compelling is that good textbooks are expensive because they cost a great deal to develop and produce.

I recently completed the 3rd edition of my genetics textbook, as well as the first edition of a biology textbook, which has cost approximately $2.5 million to produce. The $2.5 million figure represents the biology textbook’s total development costs, an amount confirmed by McGraw-Hill's Higher Education Group. The biology textbook I have coming out this year is a collaborative effort, written with three other professors, each with a specialized knowledge of a different area in the field. Even so, it took us three years to research and write its more than 1,300 pages of text. Much of that effort was taken up with countless conferences and meetings devoted to content development and artwork. Likewise, the efforts of hundreds of faculty members across the world were solicited during the development of this book.

An excellent textbook is one where the content is as clear as possible – where the pedagogical features of the book are consistent, making it easy for students to understand and follow from one chapter to the next. This applies to the visuals and the presentation just as much as it does to the text. If a particular protein is depicted as being blue in Chapter 3, we have to make sure that the same protein is blue again, when it is shown in another context in Chapter 27.

Another reason textbooks are more expensive than mass market trade books and other types of books you might find in a bookstore is because they are no longer just cardboard and paper, with simple illustrations. Today's students enter college with course materials that are nothing like the textbooks I used at Wittenberg in the '70s or Yale in the '80s. The artwork and photography of modern textbooks is very sophisticated, and with such sophistication comes a high price tag.

Also, the word "textbook" now encompasses an array of inter-related printed material, multimedia and digital technology products. Both my genetics and biology books come with PowerPoint lectures that are a real boon to the professors and, by extension, to the students. Students who buy the books also receive CD ROMs with all of the slides and the artwork. The CD accompanying Genetics contains 45 animations that were expensive to produce, but which provide an understanding of genetic processes impossible to fully communicate with words or static pictures alone.

Yes, students today will complain about the costs of their books and materials, just as I did 20 and 30 years ago. I honestly sympathize with my students. However, I hope that they will one day realize, as I have, that the benefits they will gain from their textbooks and ancillary materials will pay off many times over.

Rob Brooker is a professor of genetics, cell biology and development and an associate department head at the University of Minnesota-Twin Cities. His latest textbook, Biology, 1/e, written with Eric P. Widmaier, Linda E. Graham and Peter D. Stiling, was published by McGraw-Hill Higher Education this year.

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Comments on The Value of a Textbook

  • Posted by Nicole on June 2, 2008 at 6:45am EDT
  • This author finds it shockingly easy to trivialize the cost of textbooks. Contrary to the vast generalization made here, the GAO found that textbooks amount to a crippling 72% of tuition at community colleges. Textbook costs are simply not going to affect all students equally. It is often the students who will gain the most who are priced out of an education.

    The value of a textbook cannot be used to justify its cost. Students can only take advantage of the value if they can afford to buy it.

  • Only necessary textbooks
  • Posted by Martin on June 2, 2008 at 7:10am EDT
  • The main annoyance is when students buy textbooks that are subsequently not required as essential texts. These books would be better placed in optional reading lists. I've seen some livid students after wasteful purchases. The anger grows if the unnecessary book happens to be written by their tutor, making the purchase feel like a sneaky way to increase the author's sales/royalties.

    But I agree that the majority of set texts and required readings are well worth buying, often proving useful beyond the course (so long as the information remains relevant). I still have and use many of my textbooks from over the years, making their value even greater.

  • High costs
  • Posted by Martin on June 2, 2008 at 7:10am EDT
  • I do agree with Nicole's comment. I only wish that I'd had the funds to buy more worthwhile texts, yet high cost did stop that.

    It's a shame that e-books of these texts are not priced at a more reasonable point for those who cannot afford the hard copy. Might that not be a suitable compromise?

  • Carrying charge
  • Posted by Abbott Katz on June 2, 2008 at 8:25am EDT
  • Even assuming Professor Brooker's cost accounting is on the mark, wouldn't recourse to ebook media - that is, publication of these selfsame volumes in their entirety to disks, in lieu of hard copies - suffice to dramatically pare prices? They'd be a lot easier to carry, too.

  • Textbooks Should Be Free!
  • Posted by Grover Furr on June 2, 2008 at 8:25am EDT
  • In my opinion the question is not whether there should be textbooks at all. Rather, the question is their cost.

    In February '07 I posted the following message, arguing that textbooks are a scam, period, and that they could, and should be free.

    http://www.insidehighered.com/views/2007/02/02/brandl

    It’s still true.

    The textbook industry is all about profit and exploitation. It should be put out of business.

  • new editions are part of the problem
  • Posted by JB on June 2, 2008 at 9:15am EDT
  • Professor Booker mentions a book he authored that was just released in its 3rd edition. At least he is in a field (genetics) where the fundamental content may change enough to warrant new editions.

    My discipline, computer science, would seem to be one of those as well. But far too often, the new edition is not substantially different from its predecessor in any way, but is justified by some change in the underlying technology (e.g., Sun makes an update to Java). The new edition may have some new colors, but the text, examples, and problems are the same.

    If a textbook works and the content is relatively static, new editions shouldn't be necessary.

  • Posted by Fred Stielow , AMU Dean of Libraries on June 2, 2008 at 9:15am EDT
  • The economics of textbook publishing are clear. This remains an extremely profitable business--is some cases exorbitantly so.
    We should also recognize that the collegiate textbook industry is largely a product of the democratization of Higher Education with the post-WWII GI Bill. The product responded quite nicely to a very real demand and is likely to survive in some form or the other for a long time.

    However, we are also entering a very new era. The Web is changing the very nature of information delivery. While I may have few qualms about textbook utility for undergraduate General Education courses, the applicability for upper division classes is increasingly questionable. Primary sources, up-to-date news, Web 2.0, and interactive experiments go well beyond fixed textbooks. Instead of the industrial textbook from outside experts, professors can develop individual modules or course packets that speak directly to their courses--not unlike what happened at the start of the Western University.

  • Value of a Textbook
  • Posted by Dirk Digler on June 2, 2008 at 9:45am EDT
  • I see that Dr. Booker took a page from the p.r. machine of the Association of American Publishers. They think that if they keep putting out their canned responses, everyone will just say "oh, well I guess it's ok to pay $200 for a textbook that I won't really use."

    Are there no authors who consider the price of textbooks to be high? Since most textbook authors are members of academia, where is the academic quest for truth?

    Break down the costs of the textbook and you will find that the students are paying for free samples, teacher editions, powerpoint presentations, websites, lecture ideas, computer tools, homework that grades itself.

    I ask faculty, are you not capable of creating your own lectures and your own presentations? Can you not grade papers anymore?

    If academia is not careful, their will no longer be any need for faculty or even universities. Yes, Cengage learning has taken the textbook one step further and is designing web-based classes that your university can offer. Guess what, that means you won't be needed anymore. If I were the school administration, I'd be worried too. Once Cengage & other publishers have created enough classes, what's to stop them from becoming an accredited university and taking your students away.

    Some may say that we need to collaborate in order to come to a solution. I say, like when Ronald Reagan called out the Soviet Union as an evil empire, we need to call out the publishers for their evil practices. I also say that although faculty don't realize the impact they have, they need to be held to account for their role.

    The best idea I've heard yet is to legislate that faculty cannot receive free materials. Then publishers would actually have to market their books based on the quality rather than the number of free ancillary materials. And faculty would actually be forced to do their job rather than have the publishers do it for them. Oh yeah, textbooks would become affordable again!

  • Value of a Textbooks
  • Posted by Dirk Digler on June 2, 2008 at 9:55am EDT
  • I see that Dr. Booker took a page from the p.r. machine of the Association of American Publishers. They think that if they keep putting out their canned responses, everyone will just say "oh, well I guess it's ok to pay $200 for a textbook that I won't really use."

    Are there no authors who consider the price of textbooks to be high? Since most textbook authors are members of academia, where is the academic quest for truth?

    Break down the costs of the textbook and you will find that the students are paying for free samples, teacher editions, powerpoint presentations, websites, lecture ideas, computer tools, homework that grades itself.

    I ask faculty, are you not capable of creating your own lectures and your own presentations? Can you not grade papers anymore?

    If academia is not careful, there will no longer be any need for faculty or even universities. Yes, Cengage learning has taken the textbook one step further and is designing web-based classes that your university can offer. Guess what, that means you won't be needed anymore. If I were the school administration, I'd be worried too. Once Cengage & other publishers have created enough classes, what's to stop them from becoming an accredited university and taking your students away.

    Some may say that we need to collaborate in order to come to a solution. I say, like when Ronald Reagan called out the Soviet Union as an evil empire, we need to call out the publishers for their evil practices. I also say that although faculty don't realize the impact they have, they need to be held to account for their role.

    The best idea I've heard yet is to legislate that faculty cannot receive free materials. Then publishers would actually have to market their books based on the quality rather than the number of free ancillary materials. And faculty would actually be forced to do their job rather than have the publishers do it for them. Oh yeah, textbooks would become affordable again!

  • Paper/CD production and distribution adds much to textbook costs
  • Posted by Cecelia Burokas on June 2, 2008 at 10:30am EDT
  • I wonder what percentage of the cost of textbooks and accompanying CDs is the result of production, and, particularly, distribution. It would be an advantage to everyone if all materials were downloaded on-line. Since most (if not al) of the material is created, illustrated, and edited on-line, why do we keep insisting on the expense of printing and distributing in this electronic age? Anyone who wants hard copy can print selections, as needed. We could lighten up on weight and cost by making all text books e-books.

  • Posted by jayvee on June 2, 2008 at 12:55pm EDT
  • Recently a mathematics textbook I use, chosen by me because of the high quality of its explanations and superb applications-based problems, came out in a 3d edition. The publisher no longer "supports" the earlier edition -- providing solutions manuals for my graders, guaranteeing to the bookstore that a sufficient number of copies be on hand-- so I can't really go on using it. The 3d edition costs more, and it came to the bookstore bundled with a "student solution manual" that was of little use to the students but which jacked up the price still more. The 3d edition isn't materially changed from the 2d. Even if it were -- and this is the crucial point -- I would like to be able to make the choice between them myself, balancing cost to the student versus benefits, rather than let the publisher decide.

  • Posted by Jim Shields on June 2, 2008 at 1:00pm EDT
  • In the rush to condemn textbook publishers let us not forget the role played by university administrations in keeping textbook prices high. Campus bookstores are quite profitable, and as a former trustee I know campus administrators have no motivation to reduce those profits by taking steps to make texts more affordable.

  • "Paper/CD production and distribution adds much..." Really?
  • Posted by Kurt V on June 2, 2008 at 1:30pm EDT
  • Celia
    The publishers claim that 32.1 % of the cost is for paper, printing, editorial & administrative. They also say that freight amounts to 1.7%. A Total of 33.8%.

    Sure it seems like alot, but lets agree that administrative costs & editorial costs aren't going away. In fact, ebooks are likely to have higher developmental costs to replace the printing/paper/freight. A realistic estimate is that the new costs of development, edtitorial, administrative & electronic delivery is about 25% or a savings of 8.8%.

    Let's consider what happens to a book once the student completes the course. Will they be able to sell their e-book? The answer is no because that is how the publishers have designed them.

    The added costs associated with paper, printing & freight are more than offset by the ability to sell your used book.

  • New format needed!
  • Posted by Physiology PhD on June 2, 2008 at 2:25pm EDT
  • I believe that the text book industry is going to go the way of the "record" in the music industry. E-textbooks that are searchable pdfs with links embedded and/or some other next generation textbook is what needed in today's world. How often does a practicing professional consult a book these days? Not often! Let's create a textbook format that allows students to access information the way they will when they are employees in the future. Until then, our net-savvy students will continue to complain (and rightly so in my opinion) about the high cost and (as was the case when I was a student 15 years ago), not use the dang things enough to justify their cost!

  • Jim Shields
  • Posted by Jim's Daddy on June 2, 2008 at 2:25pm EDT
  • Excerpt from page 2 of the publishers PR playbook: "if you are unsuccessful in justifying the higher costs of textbooks, then pin the blame on the bookstores."

    So Jim, what were those greety bastards at the college bookstores doing differently 20 years ago when textbook prices were more reasonable? Their margins are the same yet their costs of conducting business have gone through the roof because of the changes in the publishing industry. Bookstores have a great deal more research to do because of the different package configurations and access code requirements. That equals costly man-hours. Bookstores 20 years ago actually sold mostly used books. Used books are sold at a higher profit than new books. Now the average store sells about 25% used books because today's textbooks often cannot be resold as used.

    And Jim, finally, if you can provide some revealing numbers regarding how much profit is being generated by those greety bookstore, then post it. Don't just make some blanket statement that you cannot support. Here, I'll do part of the work for you, the GAO study shows that the typical college bookstore net profit is 1.7%! What is the net profit of the average publisher?

  • Myth of windfall profits in college texts...
  • Posted by T. McDonald , Manager at Learning, Teaching...Center on June 2, 2008 at 2:25pm EDT
  • Having worked in college textbook publishing for over 20 years--editor,sales rep, product manager--I might add an insight or two into this discussion. I, too, am often shocked at the rising price of textbooks whenever I walk through a college store. And it's true, while some books may deserve a high price based on the investment to develop materials, pay authors, promote the book (especially intro science books and business books), others (like a selection of readings) often have their prices inflated way beyond the costs to produce them. The reasons are simple.

    Textbook publishing is far from profitable. To win adoptions of the author's biology book, McGraw Hill will have to give away, or sample, a book to every biology instructor in the country. I don't know how many there are--let's say 15,000. So 15000 books are sampled, along with full-color brochures (about $200,000+), as well as a publisher's commitment to attend all those biology conferences, where more books are given away by sales reps who staff the booths and take you to dinner. Of course, those reps have to be trained to sell the book on campus at sales meetings once or twice a year....

    Problem is all those free books, you know, the ones you can sell to the used book dealers even though "sample copy" is stamped all over them? Those used book dealers get enough books to eat into at least 1/4 of a publisher's first year profits. After the first year, used books and bookstore buybacks will fill at least half of the orders for that biology book. By the third year, forget it. Why should a rep spend time selling a book for which he won't get an order--or if he/she does get an order, so what? Used copies sell first; new books get returned to the publisher. It is a book without a commission.

    Publishers began giving away expensive supplemental packages in order to keep their business--items used book dealers couldn't promise with their used books.

    So yes, the cost of all those supplemental freebies is added into the book.

    The cost of giving away thousands and thousands of books is added to the price of the book--including the impact of instructors selling their exam copies to used book dealers.

    The cost of dissapearing profits after 2 years is added to the book.

    If publishers didn't revise after 3 years, they would find themselves spending money to service orders that were filled by the used book dealers.

    By the way, the bookstore owner must take some of the blame for the cost of books. Owners get those books at a discount (I forget the amount--20-30%?), and, of course, they really clean up with the buybacks for which they pay $10 each and then sell for $50!!! Their profit margins are enviable.

    While college textbook publishers aren't as poor as university presses (who operate in the red annually), they're in the same league if not the same ball park.

  • "windfall profits..." Finally a publisher tells the truth
  • Posted by Dirk Digler on June 2, 2008 at 5:00pm EDT
  • Publishing insider, McDonald, spills the beans.

    Actually he takes another page of the publishing p.r. book. "repeat canned responses explaining why the publishers are the victim. Explain that publishers are the victim of demand for costly ancillary materials. Explain that publishers are the victim of the free samples they send out that enter the used book market. Explain how publishers are the victim of the used book market. Also, be sure to mention the barbaric practices of the college bookstores - they buy and sell used books - ouch!"

    All that I see is that every piece of the problem is the result of publisher practices. You created the monster that has become costly free materials - half of which, nobody wants. You send out the free samples that are often unwanted and eventually circulate in the used book market. And, you have created a commodity that is so overpriced that entreprenuers are chomping at the bit to get a piece of the 2nd hand book market.

    Publishers are not the victim here and until some publishing execs propose to fix the problem, I will continue to say that they are the problem!

  • Textbooks and Scholarship
  • Posted by Dr.A , VPAA on June 2, 2008 at 8:30pm EDT
  • Textbooks were a complex and controversial subject two decades ago when I did my disertation, The Stone the Builders Rejected, on the scholarship of textbook authorship and selection. They still are, and the field has been complicated by publishing trends, fads, and strategies. On the one hand, I still see great value in textbooks as basic tools. I'm not sure I see great value in the bells, whistles, graphic adornments, and cutsey soundbite formats of most modern textbooks - a trend that is as much a part of their rising costs as are the highly dubious practice of updating editions endlessly for the sake of planned obsolesence. But what I am also becoming increasingly concerned with is the role that the modern chopped-up-soundbite-fragmented textbook may be playing in the decline of reading and content literacy. At my college we are looking to addressing the cost and role of textbooks in context by considering the "reading map" of every undergraduate program; a map that will lead students through a progression from basic textbook resources (including ones that will service more than one course) toward solid professional literature and sources that a student can retain beyond their studies and on to scholarly resources in a discipline. I would contend that textbooks are not only expensive, they are becomming limiting, sterotyped, and debilitating of the integration and exploration that should characterize the upper reaches of undergraduate majors and programs.

  • textbooks, ebooks and demand
  • Posted by Keith on June 2, 2008 at 9:45pm EDT
  • While I understand the frustration over textbook prices experienced by students, two things need to be pointed out: first, if students wanted ebooks (which are often much cheaper) they would buy them. They don't, by and large. Second, and more broadly, the textbook industry does not 'force' anything on its market. The industry - like all commercial industries - seeks only to meet demand. If the academics (the clients) see no value in the supplementary materials or feel the price is too high for the students (for whom they act as surrogate clients), then they have the right and ability to seek out alternatives.

  • Posted by L. D. NACHMAN , Emeritus Professor of Political Science on June 3, 2008 at 5:00am EDT
  • In my subject, political science, I have seen over the course of my career the prices climb greatly. What is clear to me is that publishers have made the books more expensive to produce by including large numbers of unnecessary photos and illustrations. My first text books were just that, books filled with text. Now the typical text book looks more like a photo magazine than a book. And it is priced accordingly.

  • Margins?
  • Posted by JP on June 3, 2008 at 7:20am EDT
  • Funny all this talk about profit margins, and nobody has any numbers. But if we check the data, we can easily see that academic publishers (McGraw-Hill, Pearson, Thompson, etc.) are much more profitable than trade publishers (Penguin, Scholastic, Simon & Schuster, etc.). Often this is 13 percent vs. 8 percent.
    http://www.publishersweekly.com/article/CA6469991.html

  • Textbook Value
  • Posted by Jean Reynolds on June 3, 2008 at 8:50am EDT
  • Quote: "despite the high prices, the long-term value of an accurate, up-to-date textbook far exceeds its cost." How can someone use the term "long-term value" when referring to a textbook? Whether they need it or not, the majority of textbooks get updated within three years, rendering the prior edition obsolete.

  • Myth of Windfall Profits
  • Posted by T McDonald , Mgr at Learning Ctr on June 3, 2008 at 9:45am EDT
  • 1. I agree that the current system of textbook publishing that is based on sampling, heavy promotion, large sales forces is long overdue for rethinking. For the most part, only books for the required courses and intro markets get that kind of push. Publishers have tried ways to develop new forms for text materials--custom texts, for instance, that you can build on line. Still, most instructors for those basic courses where they teach hundreds of students want the convenience of packages that reflect traditional, established curriculums.

    2. Those publishing houses, all of which were independent owned when I started out in the early 80s, are now part of huge corporate empires, the only way it seems to make the business worthwhile--spread out the costs of labor and production over several businesses in the umbrella. By 2000, I was working for a corporation that packaged books instead of publishing them, that were led by corporate types who could have been selling cars or copiers--no difference to them.

    My "insider info" was not so much an apology for the industry as it was an explanation of how it operates. But as another poster mentioned, if you stop buying the product, the market forces will change. However, when you think of all those adjuncts who teach the intro and required courses to thousands of students each year and who go without professional development and training...those big, expensive packages help them look credible.

  • Jims Daddy
  • Posted by Cazz on June 3, 2008 at 11:45am EDT
  • Jims Daddy

    20 years ago most bookstores were run by the institution. The mission of the University was shared by the bookstore. Simply, the contract to run these stores include GUARANTEE's a minimum return to the administration and the contract stipulates 11.5%-15% of the gross of text sales is areturned to the general fund. How does a firm that servers the University's revenue goals and the stockholders revenue goals have the students best interest in mind? Lastly, when you do fix this situation do the states raise taxes to provide more funds to their institutions or do these institutions raise tuition? There are already mainstream texts in eformat some subsidized by ads and students are not consuming them. Students like to complain check out the web sites that allow students to rate extraordinarily talented faculty. Higher education is not a right and it is an investment. Costs need to be contained but your argument is just silly Jims Daddy.

  • Publishing insider!
  • Posted by DD on June 3, 2008 at 12:00pm EDT
  • I guess there are publishing insiders who still have the remnants of a soul! McDonald is the first one that I've ever heard admit that there is some disfuntionality at the top of the big publishing houses. He knows as well as I do that publishing execs are mainly concerned with their next quarterly report to the stockholders.

    Still, I reject the argument that adjunct faculty are the reason for the problem. Some of the best teachers are adjuncts because those are the people who bring real experience (not theory) into the classroom. Most adjuncts are traditionalists when it comes to teaching and don't want the ancillary materials. But adjuncts typically don't understand the ordering process and that is when shrewd pub reps take advantage of the confusion to get their expensive bundles ordered.

    This is how it all works:
    The adjunct tells the department secretary what they want and says to order an instructors copy. The secretary contacts the local rep to request the instructors copy. The rep gets back to the secretary and says, here is the student isbn, it is for the text and a free access code. He explains that the access code gives access to some really valuable online materials; so make sure that you order this package. Unbeknownst to the adjunct, the department secretary orders the package isbn from the bookstore.

    Meanwhile, kids cannot contact the adjunct until class begins because they are not on campus. Kids buy the expensive package and show up for class. The instructor tells the students about his textbook requirement on the first day of class. At which point, it is too late because most of the students already purchased the package at the bookstore and they opened it rendering it non-returnable. Since the adjunct may not stay at a university for more than one semester, it makes it easy for the rep to lie and say, "we have to create these ancillaries because the adjuncts need and want it."

    Bruce Hildebrand & Pat Schroeder (the American Association of Publishers) have crafted the talking points to combat the GAO study on textbook costs. We're the victim, blame the bookstore, we're the victim, blame the adjuncts, we're the victim, etc. Every now and then, be sure to say "I too am shocked at the high prices of textbooks." Well you shouldn't be shocked if you understand your industry so well.

  • Cazz
  • Posted by Jim's Daddy on June 3, 2008 at 12:45pm EDT
  • Cazz,
    Your argument is based on faulty supporting data. You're arguing that most stores are leased and turn over 11.5%-15% of their gross profits to the college they serve. According to NACS 63% of campus bookstores are still institutionally owned and operated; that still qualifies as "most." 37% are leased; that is not "most."

    Further, I challenge you to show me one contract that stipulates 15% of the gross textbook profits are to go back to the university, let alone 11.5%. The typical contract, uses the figure 10% but then once the accountants play with the numbers the real return is closer to the 1-2% of the stores overall profits that gets returned to the university. This is far less than .5% of the institutions overall budget, which I doubt many administrators are salivating over. Another poster, provided a helpful link to the publishers weekly that showed college book publishers earning 13%-15.7% margin! So who's argument is flawed?

  • An Insider's View
  • Posted by James , Intern at McCraw-Hill on June 4, 2008 at 10:40am EDT
  • I am doing an internship with McGraw-Hill who makes the majority of our textbooks as college students. I am in my final year of school when I get back to Central State University in August. McGraw-Hill does pay alot of money for editing, updating, using specialists and artwork on all their books as wellas outside contracts for certain areas of the book. But honestly they have to make a profit as a company to pay their employees and shareholder's. I'm not saying I agree or disagree with how they conduct their business, but that's where your $80 and on up books come from. So I guess if your not helping them to make the books as accurate as they can be every year or every other year don't complain by paying the price for them doing all the leg work. I'm kind of use to paying outrageous prices. I look at what they sell in the bookstore and I just buy them online. You usually get a better price so do some online shopping and study with someone who has the book til you get yours.

  • Insider responds....
  • Posted by tmcdonal , Mgr at Learning....Center on June 4, 2008 at 12:10pm EDT
  • Yes, I do have a soul, which is the reason I left textbook publishing....

    DD--I wasn't blaming adjuncts for the problem, just pointing out that they are used primarily for the huge intro and required courses--the biggest markets for textbook publishers. A sales rep might pitch an intro biology, psychology, fresh comp book as "adjunct friendly," in that it provides course mgmt support, teachlearn insights, etc.

    Adjuncts rarely adopt books for these basic courses. Textbooks for these courses are for the most part handled by a committee of full timers who will be looking at books for the, say, the 3000 students enrolling in freshman comp.

    A sales rep will work that committee all year to get its business. An order for 3000 books (and $80 book is actually a $57 book with the bookstore discount)=$171,000. By year 2, with buybacks and used books/sample copies, the rep might see an order for $50-70,000...if he's lucky. (And even though the bookstore is no longer ordering exclusively from him, the committee expects the publisher's rep to service the dept by providing more free books--instructors' copies--and supplements! At the close of year 2, a lot of that order is returned because the bookstore located a source of cheaper, used copies--so the rep netted perhaps $30,000 for year 2. Guess what happens in year 3.

    Publishers have been having this discussion for decades. They lost their independence because they couldn't produce a return on investment--all of them bought and sold and folded into huge corporations whose strategy is product sharing among its individual businesses--publisher owns the content and re-purposes it for another of its businesses.

    Gee--to think that I was an editor in the days of galley proofs and blue/red pencils.

  • solutions????
  • Posted by C Campbell , Store Manager at VCU on June 6, 2008 at 2:00pm EDT
  • Professor Brooker appears to be drinking the publishers kool-aid. He wants us all to accept higher prices for textbooks. But the professor does what he can to avoid the fact that since 1990, the price of textbooks has risen at twice the rate of inflation. The last two months alone have given publishers the chance to increase book prices by as much as 10-15%.

    Defenders of the publishers keep jumping in to explain all the costs that they incur and to occasionally remind everyone that bookstores are making a profit too.

    Why is it that the publishers and their spokespeople have the most to say but cannot produce solutions?

    They can't even put two and two together when real faculty say they don't want the ancillary materials, and the publishers themselves admit that ancillary materials are a big part of the problem and even the GAO came to that conclusion in 2006, can't they see that the solution must be to reduce those costs? Can't they take the millions of lobbying expenses that they are spending to roadblock every textbook bill in the country and use it to get legislation passed that will stop the excessive free materials from over-burdening our students?

  • re:; “The Value of a Textbook.”
  • Posted by Gianfranco Poggi , visiting prof at UCLA on June 7, 2008 at 6:55pm EDT
  • "The artwork and photography of modern textbooks is very sophisticated, and with such sophistication comes a high price tag".
    SURE. BUT DO STUDENTS, DOES THE LEARNING PROCESS N E E D VERY SOPHISTICATED ARTWORK AND PHOTOGRAPHY?

  • the company store
  • Posted by ccbassin on June 9, 2008 at 9:00pm EDT
  • Professor Brooker doesn't mention an entire college textbook industry filled with sales reps, managers, editors, cover designers, copywriters, paper suppliers, printers, etc. who all rely on the final cost of a textbook to make it some way into their pockets. Please, enough with the self-serving justification for the cost. It must eliminate a lot of headache to know you already have a captive market who have no choice but to buy your book. "The Value of a Textbook" by Professor Brooker--How do a value you? Let me count the ways. Your weight in gold, your thickness in stacks of dollars, classes filled with students who must buy, buy, buy. But really, for a good education, no price is too high. Isn't that what all colleges are selling us these days? The arrogance and lack of real accountability are always astounding. Colleges are like cults in many ways and this is just another one. Where else, except at the company store, is a customer forced to pay highly inflated prices for the necessities of life.

  • Posted by TM on June 10, 2008 at 6:15pm EDT
  • Just a point of clarification for T McDonald: bookstores have not received a "discount" from publishers for well over a decade. Publisher sales to bookstores are net. What's worse, publishers sell directly to students/individuals on their website at the same price or less than the bookstore pays. It's hard for bookstores to cover expenses if they don't take a markup, but it's even harder to justify retail prices to customers when publishers are selling the same book for our cost or below.

  • A Student's Perspective...
  • Posted by Laura , Student on June 17, 2008 at 11:15am EDT
  • With all this talking about markets, and PR, and all the different facets of the textbook producing industry, I feel like the part of the equation we have immediate control of has been left out.

    I've found the VALUE of the textbook depends more on the teacher than what's within the textbook's pages. Yes, textbooks are very expensive, and yes they contain important, pertinent information. But if the textbook is never used in class, never used as an instrumental teaching tool, never reviewed, taught from, expanded on, then the information inside has absolutely no impact on the value of that textbook to the student's education. Or to their wallet.

    I am referring to more than the textbook just being "required" as reading. Most students find that even "required" reading isn't entirely necessary, especially if you're already doing well in a class. The textbook needs to be actively referenced, explored in class, discussed, and USED. And that is up to the professor.

    A professor who builds a conversation around the textbook and puts it to use in the classroom will make the most out of the cost. It doesn't matter if the textbook costs $250 or $25... the educational VALUE remains the same. I have had too many professors who simply assign reading, assuming it will be as important to the student as it is to them, without exploring the text with them, discussing it, and teaching. Yes, college is a time of self-education and exploration, but when you put a price tag on it, it's often sacrificed.