The unreasonable price of college textbooks

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The unreasonable price of college textbooks

Part 1 below — stay tuned for part II Let us begin with a pop quiz: When will the one-thousand-dollar price barrier for smartphones be breached? Which company will lead the way? It appears very likely that the first thousand-dollar phone will go on sale this fall.

And it will be sold by Apple. How many people would shell out a thousand bucks for a phone, especially when there are so many comparable phones on the market selling for hundreds of dollars less?

On the other hand, smartphones do a whole lot more than the early cell phones. Tens of millions of Americans apparently spend most of their time doing stuff on their phones.

So a thousand bucks does not seem like such an unreasonable price. I am old enough to remember when college textbooks cost between five and ten dollars.

What do you think?

The unreasonable price of college textbooks

Speaking of sticker shock, who ever predicted we would one day be paying more than ten dollars for a pack of cigarettes, a mixed drink, or a movie ticket? Or three hundred bucks for a pair of sneakers? A few years ago, when the most expensive smartphones were selling for less than five hundred dollars, a one-thousand-dollar phone was almost inconceivable.

The cost of building the iPhone 8 will be significantly more than those of the iPhone 7 and 7 Plus. And then too, Apple has consistently earned a very high profit margin on virtually every phone it has sold.

So do you really believe that a thousand-dollar price barrier will deter Apple from meeting its profit target?

Can you guess who will be rooting for Apple to breach this barrier?

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Samsung, Huawei, LG, and other high-priced smartphone manufacturers. Then they too can raise their prices — and soon reach the thousand-dollar mark.

Perhaps the most convincing argument for the one-thousand-dollar iPhone is quite simple: The company will charge this price because it can. The author owns shares of Apple stock.

Stay tuned for part 2. He has written sixteen math and economics books including a widely used introductory economics textbook now in its eleventh edition McGraw-Hill and The Great American Economy Prometheus Books which was published last August.

Email - steveslavin cs. Subscribe to ValueWalk Newsletter.Increasing Textbook Prices Upset Students. April 13, Purchasing textbooks.

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Since , the cost of a college textbook has increased by 73 percent, which happens to be more than four times the rate of inflation – according to Covering the Cost, a graduate student in the Texas Tech counseling program, says the increase is leslutinsduphoenix.com Request for Proposals: The California College Textbook Affordability Act of (AB ).

The College Board estimates the annual cost of textbooks and materials to be around $1,, an unreasonable number for anybody with a budget. Luckily, there are ways to hack the system and spend way less on the books you leslutinsduphoenix.com://leslutinsduphoenix.com Reddit gives you the best of the internet in one place.

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Better yet, if you find a better price somewhere else, let us know and we'll match it. Free shipping and easy order tracking. Sell your old textbooks with ValoreBooks and we'll give you a prepaid shipping label. There are five main categories of college expenses: tuition and fees, room and board, books and supplies, personal expenses, and transportation. There are five main categories of college expenses: tuition and fees, room and board, books and supplies, personal expenses, and transportation. leslutinsduphoenix.com The Lake Land College Bookstore provides all required and recommended textbooks, workbooks and supplies in addition to having a full selection of Lake Land College clothing. Students may also receive their student ID cards and employ the services of the Tech Team at the leslutinsduphoenix.com://leslutinsduphoenix.com

(if I rent from the campus store they'll charge my credit card the full price of the book if it's not turned in on the due date, If college textbooks are so over-priced that they are leslutinsduphoenix.com But no such mass movement of resources to their highest valued use took place.

North Carolina had an “anti-gouging law,” which made it illegal to sell anything useful at a price that was “unreasonably excessive under the circumstances.”.

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