I got an email this week from a fellow named Peter Yang. He is a “broke college student” over at Santa Ana College. He and a friend got tired of getting ripped off by college bookstores and they have started a website where students can buy and sell their used college textbooks. Here’s how Yang describes the rip-off process of buying and selling your books at most colleges:
The business of buying and selling college textbooks has always been a pain for college students. With student loans being taken out, to tuition prices getting raised each year, the burden of not having enough money for books is a headache for many people. Students who buy their college textbooks from their school’s bookstore are well aware of the ridiculous prices that they need to pay for certain books. Then by the end of the semester, these students who purchased expensive textbooks from the bookstores sell it back to their bookstore for a third of the price that they paid for these books. After selling it back to the bookstores, the bookstores mark the price back up by double.
Continue reading
