Word: swarthouts
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...inflation. College students now spend roughly $900 on textbooks every academic year, books they are required by their professors to purchase. This disconnect between the buyer and the seller allows publishing companies to artificially inflate their prices. "Publishing companies generally don't disclose prices to faculty," says Luke Swarthout, a higher education advocate at the U.S. Public Interest Research Group. "The person buying the books isn't the person paying for them - it's what we call a 'broken market.'" The result is a price increase free-for-all, with publishing companies charging inflated prices for new textbook editions...
...International textbooks are printed - frequently in India, although sometimes in other Asian nations - under copyright agreements with Western publishers that allow the books to be sold for a discounted price. "The reasoning is that people in other countries can't afford the higher prices," said Swarthout, "so this is a way to provide them with the same quality of education as we get in America." But just as the Internet has enabled illegal access to music and movies, so too has it opened the international book market - especially to the hands of college students. International textbooks are available on major...
...Luke Swarthout, a higher education associate for the State Public Interest Research Group, which lobbied strongly against the legislation, called the bill “the largest raid on student aid in history...
...According to Swarthout, the measures increase the financial burden on students and families trying to finance college educations in order to pay for tax cuts for wealthy Americans...
Some advocacy groups are taking advantage of the bill’s second appearance on the House docket to pressure moderate Republicans to switch their votes against the proposal, according to Swarthout...