30 Fast Tips for a More Frugal Life

  • Laura Massie

    The $1,200 on textbooks is from the College Board and is misleading. College Board numbers are based on financial aid budget estimates for freshmen students that may include books, supplies, course fees, equipment, hardware, and software costs, which results in figures much higher than actual student spending on textbooks and other instructional content. Students are much savvier these days and can find used, rentals, digital, and even print-on-demand (if ordered by the prof).

    According to research by the National Association of College Stores (NACS), average student spending has dropped nearly 20 percent in the last 7 years, from $701 in 2007-08 academic year to $563 in 2014-15. NACS receives nearly 10,000 responses from students at 23 colleges and universities in the U.S. for its Spring 2015 survey. This info comes directly from students themselves. The $1,200 number is just an estimate for freshmen and for NEW course materials.

    Laura Massie
    National Association of College Stores
    Oberlin, Ohio