Can Internet Competition Open Up the Textbook Market?

The market for college textbooks has never worked well. In the age before the Internet, new books tended to be sold as a monopoly in the college bookstore. After the first semester of a new textbook, a used book market emerges that competes with new books sold at the bookstore. Used books remain as a […]

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Who’s to Blame for College Financial Aid Shortfalls?

The Education Trust, a nonprofit advocacy group, recently released a report titled “Opportunity Adrift” that criticizes the financial aid practices of public universities. The report used data from 2003 to 2007. The report accuses public research universities of increasing the amount of aid to students whose parents make at least $115,000 a year by 28 […]

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