Students urge DOJ to block textbook company merger: 'Skyrocketing prices' will continue 'unchecked'

Cengage

becoming one company would do anything other than exacerbate the problem of students skipping buying materials because they're cost-prohibitive. "As student leaders, it is incumbent on us to look out for our peers and to work to make college more affordable," the letter said."...From our perspective as the primary consumers of textbooks, this merger will allow skyrocketing prices to continue unchecked."

In announcing the merger, both companies said they would remain committed to"high-quality affordable solutions." One of those solutions, which is offered by both companies, is an"inclusive access" program. A partnership between publishers, bookstores and institutions, it's designed to give students access to digital course materials at a lower cost.

Alejandra Rodriguez, a student at Florida Atlantic University, credited inclusive access with making course materials more affordable in a video on the company's website, something that, as a financial aid recipient, made her grateful.also offers Unlimited Access, which grants students access to multiple digital titles and materials for a set subscription price.

When I attended University of Phoenix, all of my undergrad textbooks were $75 (online) and my grad books were $85 (also online). I still have access to them 10 years later, in the updated version. Wow, online, private, what a great deal.

Well, skyrocketing prices in a captive market like textbooks just means more and more profits for corporations. And in this administration, that means more profits for the people who run the regulatory bodies. So... sorry kids. The world needs ditch diggers, too

Who wants to bet Betsy DeVos owns shares in these companies...

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mylan skyrockets after securing a merger with Pfizer's off-patent drug unitThe new company will sell popular drugs such as Viagra, Lipitor, and Mylan's EpiPen, and is expected to generate around $20 billion in total sales. Hope they plan on covering funeral expenses.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Just Eat Agrees $10bn Merger With Dutch Rival Takeaway.comThe deal, if it goes ahead, would
Source: Forbes - 🏆 394. / 53 Read more »

Merger cheer, Sanofi lift European shares; Fed in focusEuropean shares recovered from early losses on Monday, fueled by a surge in the ...
Source: Reuters - 🏆 2. / 97 Read more »

Rogers & Cowan and PMK*BNC Announce MergerRogers & Cowan and PMK*BNC announced on Tuesday they are combining their industry-leading media and brand marketing agencies, a mega-merger that will encompass more than 500 clients across film, TV, music, fashion, sports and more. PMK_BNC rogersandcowan that's huge!
Source: billboard - 🏆 112. / 63 Read more »

The US merger boom has hit a key swing state's biggest citySenator Cory Booker has said whoever is president needs to keep corporate consolidation in check, so ahead of the second Democratic debate, CNBC's Leslie Picker takes a look at what the merger boom has meant for the biggest city in Missouri, a key swing state.
Source: CNBC - 🏆 12. / 72 Read more »