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WHY DO TEXTBOOKS ACCOUNT FOR NEARLY three-quarters of the costs for community college students, and a quarter of expenses for students at four-year public schools? A congressional report issued by the Government Accountability Office The Government Accountability Office (GAO) is the audit, evaluation, and investigative arm of the United States Congress, and thus an agency in the Legislative Branch of the United States Government.  this summer attributed skyrocketing costs--on average nearly $900 per student at public institutions--to several factors, including the bundling of books with new technologies and the frequent release of new editions.

Yet the National Association for College Stores says leaders on campus can do some things to contain the situation. NACS NACS National Association of Convenience Stores
NACS National Association of College Stores
NACS North American Catalan Society
NACS North American Catalysis Society
NACS Network Access Control System
NACS National Advisory Committee On Semiconductors
 generally agreed with the findings of the GAO report, calling it the most accurate capture of the textbook pricing structure yet. "I think it opened up questions as well," says NACS spokeswoman Laura Nakoneczny. During a webcast in September, NACS Director of Government Affairs Rich Hershman said faculty and bookstore directors should sit down and talk about textbook price structures. Campus retailers and faculty should then convene CONVENE, civil law. This is a technical term, signifying to bring an action.  meetings with other key stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 on campus, use the report to help explain the process of textbook adoption, and discuss how they support the goal of making college education more affordable.

Several states including Connecticut continue to evaluate the textbook issue, while Senator Charles Schumer (D-N.Y.) has proposed a bill to grant colleges money to fund feasibility studies The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented.  on textbook rental programs. --C.M.F.
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Title Annotation:BEHIND the NEWS
Publication:University Business
Date:Nov 1, 2005
Words:217
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