Why are textbooks so expensive Essays - Textbooks, Bookselling

Why are textbooks so expensive Why Are Textbooks So Expensive? 1.According to Roediger, textbooks are more expensive because of the current approval of the used textbook market. He mentioned the used textbook market as a tricky not because of that students are selling to each other. The problem is that the textbook dealers, some of them owning the bookstore, purchase textbooks from students at a very low portion of the price that the students pay for them. Then the wholesalers sell these books to a different bookstore in other campus. This prevents sales of new books, and the publishers and authors are not receiving reasonable payments for their labor in making the textbooks. When the bookstore resells the used books-the income on this used book would be higher than the income made on the new book. 2.The example explains how the author, the person who creates the textbook, makes less money than the bookstore. The author receives only around 15% of the sales price. I am very surprised how little profit they really made. He used another example about back in time. When he was teaching at Purdue University, Henry and Betty each had to teach 475 students and they order 950 textbooks-that is a lot profit for the authors. But unfortunately he went to a bookstore and find out that all of these text books were used copies-that means that the whole profit goes to the bookstores. The purpose of all the examples he uses in the essay is to describe the difference in using new and used books/when use new books profit goes to a publisher, and unfortunately when you use used books-bookstores made all the money and an authors received zero income. 3. 4. According to Roediger, textbook publishers have tiny options to deal with the loss in profits. They can increase the prices of textbooks or the other option is to list a new edition of the books often that is how book profits will go to the publisher and author, not the bookstores. Also they can present some packages-electronic code with the textbook, valid only for each semester to each student-it will be uniq