The Coming Disruption In The Textbook Market
from the innovators-dilemma dept
Textbook pricing is always a controversial subject among college students and professors -- many of whom feel that the prices of the books are artificially inflated. Textbook publishers faced their first "shock" when internet booksellers came along, and they suddenly had less of a monopoly on the supply of books. But even that didn't decrease the price all that much. Over the past few years, a number of textbook publishers have been freaking out over the "threat" of "piracy." But rather than recognizing that they needed to improve their product to compete, they basically just looked for ways to make people pay even more. So, it really shouldn't come as much of a surprise that the market is ripe for disruption.We've already seen some innovative business models enter the space, such as Flat World Knowledge and its free online textbooks with tiered pricing for additional products -- and it looks like various state education agencies are actively interested in moving away from the old model of super expensive textbooks. Reader MikeZ points us to an article detailing how a bunch of states have been making it easier for teachers to look at switching to online educational materials rather than textbooks, recognizing both that textbooks are often too expensive and not nearly as useful as some other resources. States that had budget line items for textbooks only are quickly redefining things so that money can be spent on other educational resources.
This certainly doesn't mean the end of the traditional textbook, but if the existing publishers follow the footsteps of other industries in trying to resist this disruption rather than adapt to it, expect plenty of angry stories about the evils of internet "piracy," with little recognition that piracy isn't the problem at all.
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Filed Under: disruption, price, textbooks
Companies: flat world knowledge
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Physics textbooks
Also adding useless color drawings, photos, or redoing all the examples/homework problems was another tactic.
Dr E.
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Textbook DRM
The new thing for textbooks is to make books that are tied into some web homework application that has a one-time-use tied in with some license number in the book. This makes reselling the books impossible since people need the license to use the web app. Why the damn universities don't do this themselves to stop this form of extortion I don't know but I've been very vocal about it since I watched my wife spend over $150 on some book only to not be able to get a single dollar out of it despite the fact that it was being used the very next semester.
Anyone got any good textbook torrent sites or the like to share?
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Re: Textbook DRM
What's starting to get extremely annoying is the custom texts made for universities and other colleges. They cost just as much, but are now almost impossible to sell online. I'm not quite sure what these schools are thinking, perhaps they think they're doing students a favor by somehow reducing costs at some point, but I haven't seen any savings anywhere.
It's pretty damn unfair that the cost of texts isn't just a part of our tuition rates for one, and two, the cost of books are so high and for what? Near useless material. I have a friend who purchased a linear algebra book and was so confused by it (mathematics major and not a dumb guy) that he had to resort to other texts and old teachers in order to understand it, of which the old teachers also said it was way too confusing.
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Textbook versions
Quite a few of the classes I had at college required brand new books, 50-100 bucks each. Total BS!
If colleges had to pay for the books themselves, you can bet they would be a lot more resistant to updating. That's why a lot of high schools are still working with ratty old copies of books, because it's so expensive to upgrade.
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Re: Textbook versions
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Re: Textbook versions
You got off easy. I paid upwards of $500 per QUARTER for all the engineering texts I had to buy (3 - 4 books)
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Re: Re: Textbook versions
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Re: Textbook versions
Now one of the questions I ask when adopting a textbook is how stable the book is. Of course, that can change. I have also found some very nice free on-line textbooks. This semester I am teaching 3 courses and 2 use free textbooks. In the third course I am letting students use any of the last three editions of the textbook. This is a real pain for me because it means all page references have to metion all three editions.
Generally, faculty members hate changing editions. They like to get to know one book well. Handouts, lecture, and a host of other things get changed when the editions change.
So don't blame the faculty. There probably are a few who are not sensitive to student needs, but there are very few who are not sensitive to their own convenience.
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Re: Textbook versions
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Another Option
I hope Flat World Knowledge works. I wonder, though, how they will be able to make Literature textbooks. Project Gutenburg, anyone?
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Re: Another Option
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text book thugs
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Ooh! Check it!
Yes, some businesses which Techdirt casts in the limelight should start reading, AT NO COST, so they can adapt new business models.
:P
No cost is awesome. Now, let's see how many people get upset this is "free".
After all, books aren't a scarce item in a digital format.
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Want to know who will fight change in textbooks? Of course, the professors who write them.
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Re:
You are thinking of sub-atomic physics. Yes, those theories do change often. However, physics textbooks skim over that. (unless you have a textbook devoted to sub-atomic physics)
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Dr E
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Some of this is old news.
Obviously not that much has changed in fifty years.
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easy way to save on textbooks in college
for a lot of courses, the lecture notes will suffice for the exams, unless you are a grad student or concerned with getting perfect grades.
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Re: easy way to save on textbooks in college
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Other Resources
A few others:
TextbookRevolution.org
WikiBooks.org
cnx.org
TextbookMedia.com - Free textbooks supported by advertising
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text books are pointless
I am sorry my friend, but you got ripped off. I too have an engineering degree, and never bought the text books for anything but thermodynamics. I got that book used online for like $50, it was one edition behind and had different homework problems which were pointless because the professor always assigned her own problems. In every other subject I just took notes, looked stuff up on Wikipedia where slightly off generalizations would do, and spent my $ on beer and pizza.
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Digital Edition...
I was going to take Intro Spanish this Fall, but I decided to drop it. And why?
The class (taken through a local community college) was going to cost $110 for a four hour course. Not too bad!
The required texts? In excess of $300 if I bought new at the college's book store. $156 of that was for the DIGITAL edition of the text book, "conveniently" burned onto a DVD.
Then there's the other racket that doesn't get nearly enough mention, and that is the exorbitant fees that the same companies then turn around and charge for the online portions of the course... The labs and such. That was another $60. Plus the workbook, etc. I'll be damned if I'll pay three times more than the course for the books!
As it was, I already had my A&P books from the first part of that course, and I was able to find the international edition of the microbiology text, so I paid "only" $65 for it. The "American" edition...? New? $200. Used? $165.
I will never buy a textbook from the stores if I have any means to do otherwise.
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open source textbooks
I'd love to get involved (or start!) such a project.
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re: the textbook market
I am all for a legitimate market making a legitimate profit, but I always felt college texts were monopolistic and had a guaranteed market, therefore the students had no choice back then but to pay whatever price they had to. This is actually a day of reckoning that is a long time coming.
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Computerized Publishing and the Cost Goes UP!?!?!
What also amazes me, the quality has gone done. Specifically, lots of spelling errors. I guess spell check, another automation tool, simply does not work for textbooks.
Textbook marketing is nothing more than the extortion of a captive market.
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disruption in textbooks
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Piracy
Currently we are wasting so many resources on producing textbooks. I'm sick of it!
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Re:
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