Monday, September 3, 2018

Student Spending on College Textbooks Declines for Third Consecutive Year - National Association of College Stores and Student Monitor

Student Spending on Course Materials has Declined Significantly over Past 10 Years, from about $700 to $500 Annually.  Average Amount Spent on Each Course Material Unit Declines from $66 in 2016-2017 Academic Year to $64 in the 2017-2018 Academic Year.  According to two new studies, college students spent an average of $500 on textbooks and course materials during the 2017-2018 academic year. This new data, from the National Association of College Stores (NACS) and independent research firm Student Monitor®, found that student spending on materials declined for the third consecutive year. The average amount students spent on a course material unit was $64 – a 3% decline over the prior academic year according to Student Monitor. https://www.businesswire.com/news/home/20180827005520/en/Student-Spending-College-Textbooks-Declines-Consecutive-Year