Friday, May 18, 2018

Are Etextbooks Affordable Now? In a bid to gain market share, publishers have slashed the cost of digital textbooks - Lindsay McKenzie, Inside Higher Ed

New print textbooks can still cost students hundreds of dollars, but the cost of etextbooks is falling fast, according to data from etextbook distribution platforms VitalSource and RedShelf -- both of which work with all major publishers. Since 2016, the average price of etextbooks on VitalSource has fallen by 31 percent, from $56.36 in 2016 to $38.65 in 2018. Some areas, such as mathematics, have seen more drastic change, said VitalSource. In 2016, the average math etextbook cost $79. Now it’s $39 -- a decrease of almost 50 percent. RedShelf confirmed a similar price drop. In 2015, the average etextbook cost $53.11, the company said. Now it’s $39.24. https://www.insidehighered.com/digital-learning/article/2018/05/01/publishers-race-reduce-costs-digital-textbooks