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College textbooks vs. CPI

Asked Apr 18, 2011, 04:38 AM — 1 Answer
Why has the price of college textbooks risen so much faster then the CPI?

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maninthehat's Avatar
maninthehat Posts: 10, Reputation: 10
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May 4, 2011, 04:24 PM
Because publishers can charge what they can get away with. That's the demand for text books. Maybe it will start to go down though. I know I stopped buying half way through college. The internet makes international versions assessable along with soft versions. Globalization breeds price convergence.
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