The latest data from the College Board show that college students spend about $1,200 a year on books and supplies.
That’s a lot of cash. But believe it or not, the National Association of College Stores reports that spending on college textbooks is actually on the decline.
Textbook expenditures are heading south due to two factors: technology, as well as the overall demand (by students and some colleges alike) for greater affordability.
On the technology front, some colleges are actually providing textbooks free of charge and exploring alternatives to those enormous and enormously expensive textbooks of a generation ago.
Nevertheless, 40% of U.S. families still report being surprised by certain college expenses — and the most common culprits are college textbooks, supplies and equipment, according to a Sallie Mae survey.
To avoid certain unwanted financial surprises, here are 13 strategies that will save you lots of money on college textbooks and supplies. [continue reading…]