In recent decades the cost of attending college has continued to rise at a rapid rate. This makes it a challenge for those who want to earn a degree. In addition, the cost of course books is also rising at an alarming rate. These factors have a huge negative impact on a student’s educational goals. Many parents are trying to save more money so they can send their children to college. Parents and students are looking for any area they can cut costs on a college education. One way to save hundreds of dollars is by using online book rental services. Some advantages of textbook rental are discussed below. Prices for books continue to rise, with no assistance from the government to make attending college more affordable. Because of this trend many companies are beginning to invest in the acquisition of used and new texts to develop a large inventory of offerings. They will then rent the texts to college students for a small fee. In some instances students or parents can save as much as eighty five percent over purchasing new texts from college bookstores.
While continuing to add to inventory, sites renting college texts will often have special offers like coupons or discounts, to urge students to try their services. However, with more books becoming available online, eBooks could quickly replace the low cost text book rental services currently available. Online books are easy to access and do not require shipping, so nearly every college student who needs a book can access the required texts online. The offering of eBooks had been increasing in recent years. Many people like the notion of accessing texts without needing more space to store them on the bookshelves. Those with limited space or those living in dorm rooms may like the idea of accessing books without having to carry them home. Though some texts are available online, there are many authors who hesitate to offer their books electronically. For some people the price of electronic texts is prohibitive. However, digital books can be shared with others, so the cost can be shared. This may make it difficult for textbook rental companies to compete for business in the future.
However, digital books are still in the early stages, so book rental may still be the best option for students or parents who want to save hundreds every year. Many sites that offer text rentals are finding new and creative ways to get the attention of parents and their children. Some new ways of increasing business for text rental include offering donations to favorite charities for each book selected or planting new trees. Though eBooks are becoming more popular, textbook rental is still a low cost option for acquiring required course books and materials. The industry has become highly competitive so students and parents can compare rates of several companies before deciding on the best online textbook rental site.