There seems to be quite a bit of media attention for the textbook rental company, Chegg.com.
First, textbook rentals are nothing new. If you google it you'll find that dozens of universities have offered the service for quite some time. So why all of the media attention?
Well it seems that Chegg has shown the world they have the media twisted around their finger and jumped on the bandwagon to LOWER TEXTBOOK COSTS.
But are they really lowering costs?
They offer on average a 50% saving. However, all college bookstores offer 50% at the end of the term during buyback. So the only difference between Chegg and buyback is when the student gets the 50% back.
I guess if students think they are saving that is all that matters...
Sunday, November 11, 2007
Textbook Rentals a Rip-Off
Posted by Socratic Cyborg at 11:31 PM
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1 comment:
NMT would offer somewhere between 20% and 50% at the end of the semester, but only for books that were 100% for sure going to be used next semester. If the professors hadn't submitted their book lists for the next semester yet or if they had submitted a different book, the bookstore wouldn't buy the book back at all.
Chegg seems like it could be useful assuming other school bookstores fuck students like mine did.
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