Amazon Announces "Kindle Textbook Rental"
July 19, 2011 10:25 AM
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Amazon is looking to give students' wallets a bit of relief by introducing Kindle Textbook Rental, which offers tens of thousands of textbooks from well-known textbook publishers like Elsevier, Taylor & Francis and John Wiley & Sons
For those of you who've lived the college experience, you know that the expenses don't end at tuition. Some may pay for room and board, and commuters may pay for parking passes. But one thing everyone must pay for are
, and they certainly aren't cheap.
is looking to give students' wallets a bit of relief by introducing
Kindle Textbook Rental
, which offers tens of thousands of textbooks from well-known textbook publishers like Elsevier, Taylor & Francis and John Wiley & Sons.
Kindle Textbook Rental allows for custom rental periods from 30 to 360 days, where a student only pays for the amount of time they need the book. This rental period can be extended at any time by as little as one day, and these books can even be purchased if the student desires to do so.
Also, the Kindle Textbook Rental service can save students up to 80 percent off on textbook list prices just by using the rental service.
"Students tell us that they enjoy
the low prices we offer
on new and used print textbooks," said Dave Limp, vice president of Amazon Kindle. "Now we're excited to offer students an option to rent Kindle textbooks and only pay for the time they need -- with savings up to 80 percent off the print list price on a 30-day rental."
In addition to allowing students to rent textbooks on their PC, Mac,
, the Kindle Textbook Rental service will allow you to store any notes or highlights you made into the cloud, which can be accessed from any device. This allows you to return the book after your rental period without losing that crucial information you noted.
"We've done a little something extra we think students will enjoy," said Limp. "Normally, when you sell your print textbook at the end of the semester you lose all the margin notes and highlights you made as you were studying. We're extending our Whispersync technology so that you get to keep and access all of your notes and highlighted content in the
, available anytime, anywhere -- even after a rental expires. If you choose to rent again or buy at a later time, your notes will be there just as you left them, perfectly Whispersynced."
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RE: Some downsides
7/19/2011 10:20:58 PM
you are all right, but only right now.
once publishers small and large begin to realize that this is essentially an entirely new business model that amazon is offering here, they will begin to make books specifically for this program; and once enough important companies are on board, the pricing could change.
hopefully, in the long run (3-5 years from now), this will help to make a better education cheaper and thus more accessible to more people.
RE: Some downsides
7/20/2011 12:40:22 PM
I suspect that eventually many books will be e-only... no printed format available.
The kindle (or ereader) will become another expense at college.
Far as saving money to the student? Hmmm... perhaps.
RE: Some downsides
7/20/2011 2:48:26 PM
I'd much rather spend 150 my freshman year as a one time fee. Then the cost of all those books. So yes it might be an additional fee but it's a fee that you pay one time
"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer
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