How does textbook buyback work?
The only thing worse than spending a full paycheck on your textbooks is going to return them at buyback and leaving with maybe a quarter of what you spent. Again, we put the blame on the bookstore, but should we? Faculty members play a key role in the success of textbook buyback, Froese said. When faculty members place their textbook order on time, it allows the bookstore to source for more used books for future students and offer students more money during buyback. When faculty submits an on-time textbook order, the bookstore can pay students 50 percent of the new book price at buyback. Froese offered a model of the ideal buyback situation: “Spring 2009: New edition of ‘Textbook A’ costs $100; faculty submits on-time adoption of ‘Textbook A’ for fall 2009; student receives $50 for ‘Textbook A’ at bookstore buyback; this student invested $50 in the book.” “Fall 2009: Used edition of ‘Textbook A’ costs $75; faculty submits on-time adoption of ‘Textbook A’ for spring 2010; student receiv