Someone send me a tweet about a new article on Forbes.com titled 10 Things College Students Waste Money On. In the article the first item listed was textbooks. There is no doubt that school is costly including the cost of textbooks. But are students actually wasting cash on school textbooks? Here's what Forbes has to say.
"Expensive text books: Textbooks cost a lot and are sold back for almost nothing. Students are saving money by renting textbooks instead."
So is Forbes implying that a student who doesn't rent their books is wasting cash? Renting is definitely less expensive than purchasing the new version of the textbook. Renting can frequently be cheaper than buying the used version particularly if purchased from the college book shop. Be sure to match rentals against purchasing a second hand book online and then reselling it at the end of the course? There is even a website that specifically reports used textbook prices at http://used-college-textbooks.info.
A technique to ensure that you're not wasting money on textbooks is by utilising a textbook price comparison service. Before deciding what is the best option get an inventory of all of the rental rates and all of the used costs. How will they compare? Remember the rental rate is the full price, there isn't any sell back value when you're finished utilising the book. On the other hand the used prices is just your up front investment, there's a chance you'll get cash back by selling the book at the end of the course. To give an indication of what sell back rates are for your book fire up your handy-dandy price comparison service and get buy back quotes from the various book vendors. Only by comparing the rental prices against the net used textbook costs will you know which is a waste of money.
I might hope that students avail themselves to these straightforward and no cost tools to quickly and easily investigate the textbook marketplace to find the cheapest college textbooks. There's no need to spend needlessly by overpaying for textbooks.
"Expensive text books: Textbooks cost a lot and are sold back for almost nothing. Students are saving money by renting textbooks instead."
So is Forbes implying that a student who doesn't rent their books is wasting cash? Renting is definitely less expensive than purchasing the new version of the textbook. Renting can frequently be cheaper than buying the used version particularly if purchased from the college book shop. Be sure to match rentals against purchasing a second hand book online and then reselling it at the end of the course? There is even a website that specifically reports used textbook prices at http://used-college-textbooks.info.
A technique to ensure that you're not wasting money on textbooks is by utilising a textbook price comparison service. Before deciding what is the best option get an inventory of all of the rental rates and all of the used costs. How will they compare? Remember the rental rate is the full price, there isn't any sell back value when you're finished utilising the book. On the other hand the used prices is just your up front investment, there's a chance you'll get cash back by selling the book at the end of the course. To give an indication of what sell back rates are for your book fire up your handy-dandy price comparison service and get buy back quotes from the various book vendors. Only by comparing the rental prices against the net used textbook costs will you know which is a waste of money.
I might hope that students avail themselves to these straightforward and no cost tools to quickly and easily investigate the textbook marketplace to find the cheapest college textbooks. There's no need to spend needlessly by overpaying for textbooks.
About the Author:
Bob has been helping college students locate the lowest prices for textbooks for over 10 years. To learn more visit the website at www.cheap-textbooks.co.
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