I worked at the university bookstore while in college 30+ years ago and was amazed at how the pricing worked for textbooks.

But $118 for a college algebra book? In my day, we made our own books out of bark and… Seriously, why are textbooks still being printed? Why aren’t they all pdf or html or similar, available for download? And electronic versions would be easier to keep updated and… Oh yeah. Profits.

2 at DBCC sue on book prices, seek $5 million

In a first-of-its-kind lawsuit that could affect thousands of college students who think they are overcharged for textbooks, two Daytona Beach Community College students have sued the nation’s largest collegiate-bookstore chain and their school.

The class-action suit, filed in Orlando’s federal court, alleges unfair and illegal pricing practices and seeks to recover at least $5 million in damages. It accuses the Follett Higher Education Group and DBCC of overcharging students pennies on each used-book sale and underpaying them when buying books back.

Though that may amount to only a few bucks each semester, the students argue that, when multiplied by thousands of students at each of the company’s more than 750 bookstores, it adds up to millions.

A Government Accountability Office report in 2005 found college-book prices have increased at twice the rate of inflation in the past two decades. A congressional advisory committee is undertaking a yearlong study to find ways to rein in prices.

National Association of College Stores figures show used books accounted for $1.9 billion in sales during the 2004-05 academic year. New books accounted for $4.4 billion during that same time period.

And then there’s the whole issue of grade school and high school kids with ancient textbooks that talk about how the USSR is our enemy and one day we may have computers in the home. But that’s for another day.