A Report on the Feasibility of Textbook Rental - IBHE

Estimated Textbook Rental Cost Per FTE – Community CollegesCommunity College ResponsesStartup Cost Annual CostCost FTE Per FTE Cost FTE Per FTEBlack Hawk College $2,015,000 3,976 $507 $15,000 3,976 $4City Colleges of Chicago 23,103,500 34,575 668 12,142,375 34,575 351Danville Area Community College 1,019,000 1,657 615 477,500 1,657 288Highland Community College 631,000 1,493 423 189,500 1,493 127Illinois Valley Community College 2,225,000 2,511 886 141,000 2,511 56John A. Logan College 1,917,700 3,671 522 1,118,622 3,671 305Kankakee Community College 454,000 1,957 232 457,000 1,957 234Kaskaskia College 1,074,482 2,715 396 774,300 2,715 285Lincoln Land Community College 3,944,027 4,076 968 3,255,977 4,076 799McHenry County College 1,537,500 3,123 492 2,023,000 3,123 648Moraine Valley Community College 3,627,220 9,532 381 1,404,220 9,532 147Rock Valley College 2,008,056 4,913 409 - - -Southeastern Illinois College 1,800,000 1,476 1,220 2,851,200 1,476 1,932Southwestern Illinois College 5,811,090 7,673 757 1,654,340 7,673 216Spoon River College 1,241,400 1,360 913 503,400 1,360 370William Rainey Harper College 3,134,650 8,727 359 1,522,450 8,727 174Subtotal 55,543,625 93,435 28,529,884 88,522Community College Estimates**COMMUNITY COLLEGES TEXTBOOK RENTALBlack Hawk College - - - 1,339,912 3,976 337Carl Sandburg College 1,194,534 2,011 594 677,707 2,011 337College of DuPage 8,699,130 14,645 594 4,935,365 14,645 337College of Lake County 4,861,296 8,184 594 2,758,008 8,184 337Elgin Community College 3,237,894 5,451 594 1,836,987 5,451 337Heartland Community College 1,671,516 2,814 594 948,318 2,814 337Illinois Central College 4,248,288 7,152 594 2,410,224 7,152 337Illinois Eastern-Lincoln 503,118 847 594 285,439 847 337Olney Central College 626,670 1,055 594 355,535 1,055 337Wabash Valley College 717,552 1,208 594 407,096 1,208 337John Wood Community College 948,618 1,597 594 538,189 1,597 337Joliet Junior College 4,456,782 7,503 594 2,528,511 7,503 337Kishwaukee College 1,578,258 2,657 594 895,409 2,657 337Lewis and Clark Community College 2,144,934 3,611 594 1,216,907 3,611 337Morton College 1,421,442 2,393 594 806,441 2,393 337Oakton Community College 3,305,016 5,564 594 1,875,068 5,564 337Parkland College 3,564,000 6,000 594 2,022,000 6,000 337Prairie State College 1,668,546 2,809 594 946,633 2,809 337Richland Community College 1,015,740 1,710 594 576,270 1,710 337Rock Valley College - - - 1,655,681 4,913 337Sauk Valley Community College 972,378 1,637 594 551,669 1,637 337Shawnee Community College 733,590 1,235 594 416,195 1,235 337South Suburban Community College 2,345,112 3,948 594 1,330,476 3,948 337Triton College 4,858,920 8,180 594 2,756,660 8,180 337Waubonsee Community College 2,574,396 4,334 594 1,460,558 4,334 337Subtotal 57,347,730 96,545 23,409 35,531,258 105,434 8,425TOTAL $112,891,355 189,980 $64,061,142 193,956Average Cost per Community College Student$594 $337* Excludes Black Hawk College response.** Average Cost per FTE is based upon the estimates from the institutional responses.-64-