Word: coops
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Dates: during 2000-2009
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Assume the average student spends $1000 a year on books at the COOP. Excluding coursepacks and books needed immediately, shopping online probably could be used, at most, for three-fourths of the student’s purchases: $750 worth. Shopping online could save the student as much as a third off the COOP price, so the student saves $250. If C-CAP provides this same student with $250, it squashes much of the incentive for shopping outside of the COOP...
Unfortunately, C-CAP misunderstands the Harvard textbook market. The COOP has a local monopoly on Harvard textbook purchases, and lower-income students are perhaps the only group to spend significant book money outside the COOP. The COOP’s financial burden is greatest for those who buy books while pressured by time and stress—shopping online and catching up on the first week’s reading after their books arrive in the mail during weeks two or three. If lower-income students are suddenly given a bit of cash to buy books, trading sanity for savings...
...COOP, of course, would then raise prices. It would not be a gross outrage of a price increase; it is a business, not an evil empire. Using the low estimation of a student’s annual textbook cost, the COOP already makes six million dollars a year off the College. When the better part of C-CAP’s proposed $200,000 in handouts reach COOP registers, the price increase will be slight—two percent, maybe even five percent—but an increase in its bottom line nonetheless...
...Harvard Square Improvement Project has received a $1 million grant from a state development fund to be used primarily for improvements at the “super crosswalk” between Out of Town News and the Coop. The improvement project has already received nearly $6 million from the city, a $1.3 million pledge from the University, and $300,000 from local property owners, according to city spokeswoman Ini Tomeu. The project will upgrade sidewalks, plazas, bicycle facilities, street lights, street surfaces, and the storm water system in the Square. In a Nov. 14 letter to a state transportation official...
...Shoppe, $14.66. 12) For your boyfriend: a pair of earrings from Zinnia (for when he forgets to buy you a gift), $6.99. 13) Make your own model kit for molecular bio (marshmallows and toothpicks from CVS), $2.50. 14) For your friend at Yale: a Harvard static sticker from the Coop, $4.98. 15) For that person you forget about until last minute: 15 copies of Spare Change Times...