College Students To Rent Out Textbooks

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A new online service, RentBack, launched today targeted towards helping scholars earn money by hiring out their textbooks to other scholars.

The new service–run by CampusBookRentals, an internet supplier of varsity textbook rentals based in Provo Utah–lets users hire out their books to other scholars, receiving money, check, or credit toward future rentals.  CampusBookRentals expounded that scholars can use the service to hire out their books to other scholars, handled by CampusBookRentals, which may pay scholars each time their books are leased out and in circulation.  CampusBookRentals didn’t say what quantity of the rental charge will return to scholars, but did say those scholars may continue to receive payments for so long as those titles are in heavy demand.

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Is It Better To Buy Or Rent Textbooks?

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Renting textbooks has grown in popularity, but is it really the best bang for your buck? College students are always looking to save money, and buying textbooks for the fall and spring semesters is no exception. Textbooks cost college students a lot of money every year, and students are now looking to save money by renting them. Is it really the cost saving measure that everyone says it is? I have laid out a few examples to give students a clearer picture of how to save money on textbooks:

Textbook that a student needs for their semester:
Business by William M. Pride

If that student decides to rent Business by William M. Pride from Chegg.com they will be charged $60.49. They will also need to ship it back to Chegg by a certain date to avoid any fees charged to their account.

Now if that same student decides to buy a used copy of Business by William M. Pride from Amazon.com, they will have to pay about $90.00 plus $3.99 in shipping. This looks like it would cost the student more, but they can resell the book to MyBookCart.com for $41.30. The total spent by the student would be $52.69.

In this scenario, the student saves $7.8 by buying used and then reselling it instead of renting the textbook. This doesn’t include the money saved by avoiding late fees or any other fees charged by Chegg.com

Textbook that a student needs for their semester:
Accounting, Chapters 1-23, by Charles T. Horngren, 8th Edition

If that student decides to rent Accounting, Chapters 1-23 from Chegg.com, they will be charged $56.99. They will also need to ship it back to Chegg by a certain date to avoid any fees charged to their account.

Now if that same student decides to buy a used copy of Accounting, Chapters 1-23 from Amazon.com, they will have to pay about $75.00 plus $3.99 in shipping. This looks like it would cost the student more, but they can resell the book to MyBookCart.com for $34.25. The total spent by the student would be $44.74.

In this scenario, the student saves $12.25 by buying used and then reselling it instead of renting the textbook. This doesn’t include the money saved by avoiding late fees or any other fees charged by Chegg.com.

Textbook that a student needs for their semester:
Biology: Concepts and Connections, Eighth Ed. by Neil A. Campbell

If that student decides to rent Biology: Concepts and Connections from Chegg.com, they will be charged $53.99. They will also need to ship it back by its due date to Chegg to avoid any fees charged to their account.

Now if that same student decides to buy a used copy of Biology: Concepts and Connections from Amazon.com, they will have to pay about $75.00 plus $3.99 in shipping. This looks like it would cost the student more, but they can resell the book to MyBookCart.com for $34.25. The total spent by the student would be $44.74.

In this scenario, the student saves $9.25 by buying used and then reselling it instead of renting the textbook. This doesn’t include the money saved by avoiding late fees or any other fees charged by Chegg.com.

The best way for a student to save money on textbooks is to buy them used from Amazon’s Used Marketplace and then reselling the textbook to buyback companies such as MyBookCart.com. This way, the student saves more money than renting the book. There are no time frames or late fees students have to worry about at the end of each semester.

The author also writes the blog “College and Such”.

 

Why Rent Textbooks?

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Why should one buy textbooks? This is the question so many students ask themselves these days. New textbooks not only cost so much, but they are also obsolete when the term is over. No one wants to use these books any more. Therefore, people have to find someone who can take these books from them. That is why, it is not worth to invest in new books if do not plan to use them in pursuing postgraduate studies. However, there are many advantages of having personal textbooks.

The first one is that you do not need to borrow books from someone when reports ought to be prepared. A person can always be on top of the class when he/she has his own textbook. He/she can even get excellent scores in quizzes. He/she can use the book as and when required rather than asking for it for someone college mate. There is no foolish reasoning as that you study so rarely, then why have a textbook. Renting a book is fine when you study just once in a year, during exams. In fact, so many students cannot actually get books for themselves. They cannot get money for these books and renting books seems fine to them.

Companies who sell these books desire to provide students with them. The companies want students to complete their education without any obstacles. Students have also realized that buying books is a necessity. You cannot learn much when you are not prepared to read. Just getting notes from someone at the end of the term to prepare the report is not the most desirable thing. Sometimes, not reading can reflect poorly on your grades when the report is not as detailed as it should be. You can become an intelligent kid in your class because you can study in your spare time, often enabling you to get ahead of the others.

For more information on used textbooks, visit usedtextbooks.net. They offer information on buying and selling used textbooks.