Isn the used book market a major reason for the increase in textbook prices?
Publishers rightfully argue that college bookstores initiative to expand the sale of used books has caused significant increases in the price of new textbooks. The effort to bring more used books to the market is good for students in the short term, but bad in the long term, since it causes increases in the price of both new and used texts. However, most students (like most customers) care about how much they have to spend today, and in that case, used books seem to be a terrific value.