The Economics of College Textbooks

College textbook prices have gotten 16 times more expensive in the past 50 years. With only 5 publishers controlling 80% of the market, a $200 textbook getting a new edition every 2-3 years is the norm. But students are not buying into these high prices (literally), and they’re turning to piracy. Subscribe to The Hustle: 🔗 https://clickhubspot.com/vu3l Get the 5-minute newsletter keeping 2M+ innovators in the loop 🔗 https://clickhubspot.com/3kln About HubSpot: HubSpot is a customer platform that provides education, software, and support to help businesses grow better. The platform includes marketing, sales, service, commerce, operations, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, thousands of customers around the world use HubSpot’s powerful and easy-to-use tools and apps to attract, engage, and delight customers. #TheHustle #HubSpot