Cost of Textbooks
by Matthew Pellicer on September 18, 2013 - 11:48am
This article explains how students are choosing to download their textbooks either for free or at a reduced price to the printed version.
As a student, I think the price of textbooks is too high and that something should be done. I understand the statement made by Michael Harrison, the vice-president of University of Toronto Press Publishing that states that the price of textbooks is supported by how the material needs to be presented in a specific and logical way but at the same time, when I bought my books for my first semester I felt like I was being scammed. It’s the idea of a company having a monopoly on a certain market. The client only has one option on what they can purchase so the seller can charge any price they want. As students, we are obliged by our teachers to purchase these books in specific editions which makes these books be able to carry any price tag because the student will have to buy it either way. I think that if you can get your book at a reduced price, why not? Even if it will cause the publishing companies to be less happy, at least your wallet will be happier.
I feel like the publishing companies are taking advantage of the situation and that prices could actually be dropped without the companies losing too much profit.