NextPath education finance newsletter for students

NextPath

This Blog

Syndication

Students

Surviving the Economy: Rent, Don’t Buy, Your Textbooks, and Save Over 75%

August 11, 2008 05:00 PM

The average college student spends $900 a year on textbooks. But who says you have to be average? Save your student loan money and put away your credit cards: Instead of buying your textbooks this year, consider renting — and save hundreds of dollars.

Online book rental sites like Chegg and BookRenter.com work a lot like Netflix: You pick the books you need from over a million titles, you get them delivered straight to your door, and then you send them back — on the company’s dime — at the end of the semester when you’re done.


Save Money — And Go Green

Chegg and BookRenter advertise savings of up to 75 percent or more on new and used textbooks. Some of Chegg’s customers have saved as much as 95 percent by renting.

On Chegg’s “Save Big” page, you’ll find real-life examples of some students’ mega-savings: A student at Ohio State saved 93 percent on a 2005 edition of Accounting Information Systems, which brand new would have cost her $171.80 — she paid $11.27 to rent. Another student from Syracuse saved 93 percent on her General Chemistry book, which lists for $177.96 — she paid Chegg just $11.04.

By renting your books, besides saving money, you’re reducing demand for new books, which can help reduce the number of new books that are printed each year. According to Chegg, 4 million trees are consumed each year just for textbooks; 20 million trees each year go into the production of books in general.

On average, BookRenter re-uses a book five times, which cuts down the demand for virgin fiber paper, the kind used to print textbooks. Chegg goes one step further: In addition to helping you re-use books, Chegg will plant a tree for every book you rent. So far, Chegg has funded more than 100 acres of new trees.


How Textbook Renting Works

  1. Search Chegg or BookRenter for the books you need — you can search by title, author, or ISBN.

  2. Decide how long you need to rent each book. Chegg lets you choose between a semester, a quarter, or a summer; BookRenter offers one- to four-month rental periods. Both sites will let you pay for a rental extension if you need it.

  3. Choose from standard (7–14 days) or priority (2–6 days) shipping at Chegg, and from standard (3–7 days), two-day, and next-day shipping at BookRenter. You’ll be charged a base shipping fee, plus a per-item fee.

  4. Return your books for FREE. When you’re done with them, just ship them back with the prepaid label provided to you.



Related Articles:


Comment Notification

If you would like to receive an email when updates are made to this post, please register here

Subscribe to this post's comments using RSS

Comments

 

College Student said:

August 12, 2008 10:06 PM

Best. Idea. Ever.

 

Travis Wright | Cultivate Greatness said:

August 12, 2008 11:05 PM

This is great.  Buying books at university bookstore is such a scam!  Glad to see this.

 

Anny said:

August 19, 2008 11:01 AM

Interesting; I think I might check it out..

 

Ben said:

September 29, 2008 10:53 AM

Beat the system!

 

Kathleen Criddle said:

October 23, 2008 11:28 PM

I found a great place to buy and rent textbooks. It is Textbook Ace http://www.textbookace.com

TextbookAce.com

 

green said:

December 31, 2008 12:56 AM

I would sugest using GreenTextbooks.org

Save Money, Save The Planet

GreenTextbooks.org specializes in the recycling of textbooks, DVDs, CDs. Buying used textbooks not only saves you money, but cuts down on greenhouse gases caused by the manufacturing of new textbooks.

With GreenTextbooks.org you're not only saving trees, you are saving some green.

http://www.greentextbooks.org

 

Joanne said:

March 8, 2009 4:40 PM

This could be a tremendous savings for those of us with more than one kid in college!

 

Avoiding Heavy Textbook Expenses « The Recession and Higher Education said:

May 3, 2009 2:31 PM
 

green said:

June 5, 2009 1:03 PM

I would suggest using GreenTextbooks.org

Save Money, Save The Planet

GreenTextbooks.org specializes in the recycling of textbooks, DVDs, CDs. Buying used textbooks not only saves you money, but cuts down on greenhouse gases caused by the manufacturing of new textbooks.

With GreenTextbooks.org you're not only saving trees, you are saving some green.  http://www.greentextbooks.org

 

Students said:

June 17, 2009 7:38 PM

Before you max out your student loans or shell out your hard-earned summer job money this year, take advantage of student discounts and back-to-school offers that could save you money on everything from new clothes, books, and software to cell phones,

Leave a Comment

(required) 
(optional)
(required) 
Submit