Comment on Millennials Owe 500% More in Student Debt Than Their Parents Did
chonglibloodsport@lemmy.world 7 hours agoLow volume and high costs mainly. The printing costs are dwarfed by all the writing, proofreading, layout, editing etc that goes into them. The $300 ones tend to be these massive books with a thousand pages of instruction, problem sets, images, infographics, etc. None of these books are selling a billion copies like 50 Shades of Grey either. The most famous textbooks maybe, but a lot of them would be lucky to sell a thousand copies.
And of course, yes, greedy giant publishing companies. But those companies publish books for many different courses and professors, plus I think they own academic journals as well (which make them way more money and cost way less to publish than textbooks do).
adavis@lemmy.world 5 hours ago
Which is of course ludicrous. Why is education so insanely expensive should include all the materials.
My degree in Australia had some suggested text books, but none of them required it^, and all the content you actually needed was supplied in the course materials.
^ one exception, a computer network admin class had a book for lab instructions. But the library had a set of them sufficient for a lab and limited the borrow duration to 3 hours so you’d check it out, run to class and return it back afterwards every week.
chonglibloodsport@lemmy.world 4 hours ago
I’ve also seen professors who get kickbacks from the sale of textbooks up to and including professors making their own textbook that they authored a required text for the course.
Are you asking why education is so expensive? It’s because the amount of staff (especially non-teaching admin staff) employed by universities has ballooned way out of control. A modern university campus is basically a miniature city at this point. It has its own police force, hospital, doctors offices, therapists, many different restaurants, laundry services, recreation and entertainment facilities, gyms, climbing walls, libraries (had those forever though), residential buildings, academic study (outside class) facilities… On and on and on it goes.
All of that stuff is paid for by the students through tuition, residence fees, meal plans, and miscellaneous fees. Sure, the construction of the buildings is usually paid for by donations, government grants, or the school’s endowment fund, but the day-to-day operating costs and staffing are all paid by students.
You might then ask how we got here, or why we don’t have a “bare bones university” with none of that extra stuff? Simple: competition between universities combined with student demand. Bare Bones University is not going to attract the top students who already have a ton of better options.
Mirshe@lemmy.world 1 hour ago
You forgot one factor that’s also highly important: sports. College sports ALONE makes a lot of universities an eye popping amount of cash, and also costs them a boatload too. Couple that with donations and profits from those sports being earmarked ONLY for those sports (can’t use your basketball money to do anything but improve your basketball facilities and pay the staff), and you’re putting a stranglehold on a lot of ways to reduce cost.