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A Report on the Feasibility of Textbook Rental - IBHE

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<strong>of</strong> <strong>the</strong> exact custom book. This alternative would have no fiscal impact <strong>on</strong> <strong>the</strong> State or to <strong>the</strong>instituti<strong>on</strong>s.UnbundlingPublishers could be mandated through legislati<strong>on</strong> or instituti<strong>on</strong>al policies to <strong>of</strong>fer bundledmaterials as separate items for purchase. Such a mandate could, however, have unintended effects<strong>on</strong> bookstores if faculty members were to request bundled materials. Offering course materialsbundled – as requested by faculty -- and sold separately – as required by law -- would result inadditi<strong>on</strong>al inventory, handling, and storage costs at bookstores. C<strong>on</strong>sequently, <strong>the</strong>re would be afiscal impact <strong>on</strong> bookstores and, directly or indirectly, instituti<strong>on</strong>s if such a mandate did notinclude a provisi<strong>on</strong> for faculty preferences.The publisher’s net price <strong>of</strong> course materials bundled and sold separately could beprovided to faculty members in writing. This alternative would not have a fiscal impact <strong>on</strong> <strong>the</strong>State or to <strong>the</strong> instituti<strong>on</strong>s.ALTERNATIVES BEING USED IN ILLINOISThe charts <strong>on</strong> <strong>the</strong> following two pages illustrate which alternatives are being used by publicuniversities and community colleges.Public Universities - AlternativesE-book Custom Public Advisory Book Bundling FinanceBooks Use Committee Swap Guidelines Opti<strong>on</strong>sCSU √ √ 75% √GSU √ √ 30% √ISUNEIU limited √ √NIU √ limited √SIUC 5% √UIC yes √UIUC √ 50-60% √UIS √ 50%WIU√* Annual cost** Per credit hour, except when stated o<strong>the</strong>rwise.*** E-books were <strong>of</strong>fered but <strong>the</strong>re was no interest.According to <strong>the</strong> public university resp<strong>on</strong>ses, no instituti<strong>on</strong>s participated in I-Chapters, buy-back c<strong>on</strong>sortiums, or purchasing c<strong>on</strong>sortium.-47-

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