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Amazon to rent textbooks out to students

by Alistair Lowe on 8 August 2012, 12:15

Tags: Amazon (NASDAQ:AMZN)

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As student fees rise and rise and part-time jobs pay out less and less - if you're lucky enough to have one at all, perhaps Amazon's new student textbook rental service will have some appeal?

It's already quite popular for university students to buy second-hand books as, though we like to think our universities are on the bleeding edge of development, often is the case that textbooks will remain the same for decades, perhaps with minor revisions along the way, creating a large second, third, fourth-hand and so on market for these hand-me-down texts.

Amazon textbook rental service

Rather than leave profit from these sales to auction sites, such as eBay, Amazon has conjured up a per-semester rental service, which it claims can save students up to 70 per cent of the retail cost, with free delivery on orders over $25.

Questionably, Amazon could be harming sales of first-hand textbooks by offering this new service, though we suspect there will still be those who like their books fresh-off-the-press and, that Amazon must believe it will make proportionally more profit from its loan service.

As you may have gathered, our use of the dollar symbol represents the fact that this service is currently only offered in the US, though we suspect it may be quite welcome in the UK. Any interested students may wish to send an e-mail to Amazon and see if the process can't be sped along.



HEXUS Forums :: 16 Comments

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I never read books when I was in uni. Lecture notes were more than enough and you had google for things you didn't get.

Then, again I got a 2.2
Academic text books are a complete joke. I was looking at a defacto-standard physics and engineering reference textbook on Amazon, and they're looking for $200. $200, for a compilation of formulas the author didn't even come up with himself. No ebook either, of course. Another popular theme in academia, ignoring technological and societal progress.
Some text books can costs hundreds for some courses especially medical books, even though ALL of the information can be found by google. Universities need to be promoting modern ways of learning which are so much more cost effective.
I was peeved that we had a mandatory textbook costing north of £50 - the only reason it was mandatory is that the lecturer had a 2 week break mid-term and just set work from the text book!
jimbouk
I was peeved that we had a mandatory textbook costing north of £50 - the only reason it was mandatory is that the lecturer had a 2 week break mid-term and just set work from the text book!

ahaha some lecturers really take the piss. Just to drop 50 quid like that because he took a holiday mid term.