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Rent Textbooks. Save Billions.

RENT TEXTBOOKS. SAVE BILLIONS. SHOW ME THE SAVINGS With the cost of education soaring, textbook rentals can put thousands of dollars back in the hands of students. ONE TEXTBOOK TEXTBOOKS FOR A YEAR TEXTBOOKS FOR A FOUR YEAR DEGREE RENT $33 BUY $90 SAVE $57 RENT $480 BUY $1,137 SAVE $657 RENT $1,920 BUY $4,548 SAVE $2,628 Over the life of a Stafford Loan, the $2,628 difference between buying and renting saves the student $4,532. IT'S ALL ABOUT YOU TEXTBOOK RENTAL LOWERS STUDENT DEBT WITH $2,628 DOLLARS YOU COULD Saving means not spending, and for the 58% of students who take out loans to cover the cost of education, that means less borrowing. How much would students save PAY 34% OF AVERAGE STATE SCHOOL TUITION over the life of their student loans if they PUT 20% DOWN ON A rented their textbooks? FORD FIESTA TAKE 146 FRIENDS TO SEE AN MLB GAME INVEST IT AT 5% AND MAKE 24.8K MORE TO RETIRE ON ALL LOAN BEARING STUDENTS ALL LOAN BEARING STUDENTS RENT ALL LOAN BEARING STUDENTS RENT RENT ONE TEXTBOOK TEXTBOOKS FOR A YEAR TEXTBOOKS FOR FOUR YEARS BUY A 55" FLAT SCREEN $1.0B $9.8B $39.2B 3D TV TEXTBOOK RENTAL SAVES TAXPAYER DOLLARS 47% of students receive federal aid to pay for college. What if those students rented their books? How much money would that save taxpayers? RENTED ONE TEXTBOOK RENTED THEIR TEXTBOOKS RENTED THEIR TEXTBOOKS IF EVERY STUDENT WITH A FEDERAL GRANT FOR ONE YEAR FOR FOUR YEARS RENTED THEIR TEXTBOOKS FOR THE NEXT 10 YEARS $447m $4.38 $17.2B $172.3B With $172.3B, our nation could fund 31,327 more grants for students to aid in their pursuit of higher education. WHO'S SAVING NOW? According to BookRenter data, students in Hawaii, Georgia and Washington have adopted textbook rental more avidly, driving their per capita student savings to more than double that of average states. Overall savings was highest in California and Texas because of higher student population. SAVINGS PER STATE (IN THOUSANDS) $298 $2,846 $156 $179 $117 $385 S851 $1,104 $1,608 $1,600 $344 $2,574 $5,914 $143 $317 $116 $3,488 $3.825 $1,174 $956 $4,945 $386 $420 $2,968 $217 $1,507 $1,195 $325 $297 $1,922 $1,123 $2,951 N $1,635 $2,005 $1,001 $15,973 $2,969 $1,844 SA63 $1,641 SE59 $560 $1,254 $766 $4,142 $1,885 $10,181 $913 $5.908 $746 According to the Ntional Certer for Educational Statistion, there ae 204 mlon students errolled in poet-secondary education in the Unted Statos n According to BookFenter, 2 Acoording to IPEDS- Htp /ncen. ed powprogramsigestiotables10_206 ap, I Dett anoyse bosed on a ton year loon repeymant emond the 2000-10 Stattord koen interent rate of S4N, 4 Forty-ooven percert of al undergradutes recd federal tudert din 2007-ce- httpces.ed goutastactudaplay apide1, Accading to thepelgrant.com BookRenter founded the first textbook rental service in 2008 with a mission to make education affordable by allowing students to rent BookRenter.com- textbooks for up to 80% off the retail price. BookRenter helps students find the best price, highest quality books, and most flexible rental experience through their campus store or online at www.bookrenter.com. Oflering more than 5.5 million titles and serving milliors of students on over 5,000 campuses, BookRenter is one of the fastest growing startups in Silicon Valley.

Rent Textbooks. Save Billions.

shared by rmmojado on Jan 23
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The graphic illustrates savings for both students and taxpayers. Amazingly, something as simple as renting textbooks instead of buying can have a huge impact on the cost of a college education.

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Moolanomy

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Education
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