Originally posted by: Xiety
Today I went to the bookstore to buy a Finance book... well, it was $100 USED :| I was pissed but since professors go over the material pretty quick during summer sessions, i decided to eat it and buy it from the bookstore (I normally buy from half.com or amazon.com). Anyways, while I was waiting in line, I saw this kid come into the store with the same book. Obviously he took this course last semester and was getting ready to sell the book back. So I got out of the line, went over to the Buy-back desk and began listening to him and the clerk. Guess what? "We will give you $26 for it." :Q They are selling the same book for $100 but giving him only $26 back? Wow... so I jumped right in and told him I will give him $30 for it. Of course being the college kid that hates the bookstore, he accepted my offer and we both left the bookstore quiet happy 🙂
So the question is, are university bookstores simply trying to be as profitable as possible (i think they should be a non-profit intermediary between students and the publishers) or do they just love ripping off? I can understand the bookstore putting an extra $15 or so to the price of the book but $74 is just ridiculous. There is no way that book costs them 1/4 of $74 to inspect, stock, etc. What do you think?