Kindle for college students
Is the Kindle a wise investment for college students?
Here's a very good economic analysis of whether the Kindle is a good investment for college students, based on textbook purchase costs.
A significant "yeah but" to this analysis, which the author does mention in the article, is that many textbooks are not available on Amazon yet for the Kindle.
Here's a very good economic analysis of whether the Kindle is a good investment for college students, based on textbook purchase costs.
This came out to an average cost of $438.23 per semester if they bought the new books on Amazon (which is cheaper than what most universities charge for new books) or at $295.13 per semester used. However, a more realistic scenario would be a blended cost, with half new and half used, at $366.00 per semester. If they had purchased all of the books on the Kindle, they would have spent $234.00, or a savings of $132.00 per semester. Over a period of 8 semesters, that’s $1056.00, which if you subtract the cost of the Kindle at current prices, we’re talking about a net savings of $700.86 over four years, which is not insignificant. To put this another way, if college students had the ability to buy all their textbooks on Kindles, they could wipe out the cost of a Kindle with their savings over printed books in 3 semesters, or a year and a half.
A significant "yeah but" to this analysis, which the author does mention in the article, is that many textbooks are not available on Amazon yet for the Kindle.
