Disruptive Library Technology Jester

Earlier this week U.S. Senate passed its own version of the “College Opportunity and Affordability Act of 2007″ (H.R.4137 to amend and extend the Higher Education Act of 1965, and for other purposes) by unanimous consent (hence no recorded vote) and appointed members of a conference committee to resolve differences with the U.S. House version. The conference committee report was published yesterday¹. This afternoon the House completed a roll-call vote approving the conference version. If I remember my civics class correctly, the bill now goes to the president for a signature. The conference report had to be approved by the Senate, which it did late Thursday night. Although the White House previously opposed the bill, the Associate Press reports that President Bush is expected to sign the bill.

Who knew the college textbook marketplace could be so complex? The agents in this ecosystem and their interests are so intertwined that as a whole it poses a massive amount of inertia for those who attempt to change the marketplace. I’ve been involved for about a year with an effort to change the textbook ecosystem for Ohio college students, and I am amazed at the complexity with each new layer of the onion that is peeled back. I thought it worthwhile to document my findings here and ask what insights others have.

There has been an increasing focus on the cost of textbooks in the mainstream media this year, and I don’t think it is the case that I’m just becoming more sensitized to it. Take for example the editorial from the Washington Post on February 7th. The second paragraph succinctly describes the issues being debated most often:

There are several reasons that textbooks are so costly. For one, even though there have been no major advances in fields such as calculus and elementary physics in decades or even centuries, publishers still churn out new editions of textbooks on these subjects every three or four years. The changes are typically superficial, but they prevent students from being able to purchase used, older editions. Publishers also frequently bundle unwanted additional materials such as CD-ROMs and study guides with textbooks. Professors rarely assign these extra materials, which drive up costs, and students often cannot sell the books back to bookstores once the shrink-wrap has been removed. Publishers can get away with these shenanigans because there’s a fundamental disconnect in the textbook marketplace: The people paying for the books (the students) are not the ones choosing them (the teachers).

The Chronicle of Higher Education had an article today [subscription required] about legislation pending on the floor of the U.S. House of Representatives that in part includes rules for disclosure of textbook selection and pricing. The lever is the reauthorization of the Higher Education Act, a major law that governs federal student aid. (In other words, it is unlikely that, if passed, an institution would not follow these proposed rules because it would mean not getting federal financial aid money for their students. Nice lever, eh?) The House of Representatives is expected to vote on the “College Opportunity and Affordability Act,” the reauthorization of the Higher Education Act, on Thursday, February 7th.