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> The goal of this current scheme is to lower the initial cost by spreading out the fees among everyone who uses a copy. In an ideal version of this model, a te
by jcranmer 4y ago
> The goal of this current scheme is to lower the initial cost by spreading out the fees among everyone who uses a copy. In an ideal version of this model, a textbook that normally costs $100 could be sold for $10 and then used for ten years. The publisher still gets $100 but the students only need to pay $10 each.
What would almost certainly happen is the publisher still sells it for $100 initially, and then gets $10 for each of the resales. I mean, look at the effect that ebooks (which skip the costs of printing the textbooks!) had on textbook prices, or, rather, the lack of effect.
- xhkkffbf 4y agoBut this is already not happening. Textbook publishers are already giving students a choice to either buy a textbook outright or "rent" it for dramatically lower. This is already happening with physical books. I'm sure the publishers (at least some of them) would love to come up with some similar scheme with digital books.