University Daily Kansan, August 22, 1984
CAMPUS
KU students pay less than the average for books
Page 6
By KAREN MASSMAN Staff Reporter
Although the price of textbooks continues to soar nationwide, students at the University of Kansas do not pay as much for textbooks as do students at other universities.
At KU, students spend an average of $193 on textbooks for a full term, while the national average shows students spending $335 for a full year, said Steve Word, manager of the Kansas Union Bookstore.
TEXTBOOK PRICES FOR out-of-state bookstores are generally more expensive than at KU.
At the University of Nebraska.
students in law and health majors spend close to $300 per semester on books while freshman may spend $150 per semester, said Doris Siems, assistant manager of the University of Nebraska Bookstore.
However, students nationwide can expect to pay 10 percent more for textbooks than they did last year, said Bill Mugger, owner of the Jayhawk Bookstore, 1420 Crescent Road.
While textbook prices may increase dramatically – there was a 15 percent increase last year, the other three are up only about 4 or a percent each year.
Textbook prices are determined by the publishers' set prices, Muggy
said.
The decrease in spending at KU, Word said, was due to the increase in used book purchases and to the higher usage of paperbacks.
USED BOOKS AREF sold at 75 percent of the publisher's price as recommended by the National Association of College Stores. Paperback books are generally one third harder than hardback books, Word said.
in fiscal 1893, the Union Bookstore ranked first in used textbook sales among college bookstores, according to the association.
Word hopes to increase used book sales by 10 percent this year.
The Jayhawk Bookstore carries
about 50 percent used books, Muggy said, but the number varies as instructors change books and a new edition comes out.
Almost anytime books are
changed, cuts into used book
availability*, library
WHILE BOTH BOOKSTORES try to stock their shelves with used books, both keep a certain percentage of new books in stock for students who do not want to purchase used books.
The total cost of supplies, including pens, notebooks, T-shirts, and textbooks for the average freshman at KU will vary only a few dollars between the two bookstores.
Because the Union Bookstore is a
non-profit bookstore, dividends based on the total amount spent are distributed to the students every semester. Word said.
The Kansas Student Union board of directors determines the dividend percentage.
Word said that the unclaimed dividends went into an expansion fund that was used for renovation and up-keep of the building.
"It's a unique corporate structure," he said. "We're one of the 10 or 15 student bookstores that pay back dividends."
ANY STATE BOOKSTORE in Kansas is basically set up the same, he said.
Although the Jayhawk Bookstore does not pay dividends, students can get a reduction on textbooks by sending in their class schedules before the semester begins, and the bookstore then reserves their books. Muggy said.
Students receive a 5 percent discount on new books and a 10 percent discount on used books.
Although the Union Bookstore and Jayhawk Bookstore both have policies of paying 50 percent of the publisher's retail price for every textbook bought back. Muggy said that the earlier students sold back their books, the better the price for those books would be.
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