The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution

The cost of textbooks is a significant concern for undergraduate students, particularly at institutions serving marginalized populations. This study explores this issue at the University of New Mexico, a Hispanic-Serving R1 institution. A comprehensive survey was conducted among undergraduate stude...

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Bibliographic Details
Main Authors: Leo S. Lo, Jennifer Jordan, Holly Surbaugh
Format: Article
Language:English
Published: International Council for Open and Distance Education (ICDE) 2023-07-01
Series:Open Praxis
Subjects:
Online Access:https://account.openpraxis.org/index.php/up-j-op/article/view/554
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author Leo S. Lo
Jennifer Jordan
Holly Surbaugh
author_facet Leo S. Lo
Jennifer Jordan
Holly Surbaugh
author_sort Leo S. Lo
collection DOAJ
description The cost of textbooks is a significant concern for undergraduate students, particularly at institutions serving marginalized populations. This study explores this issue at the University of New Mexico, a Hispanic-Serving R1 institution. A comprehensive survey was conducted among undergraduate students to understand their perceptions of textbook costs and its impact on their academic success. The survey covered aspects such as the perceived reasonableness of costs, budgeting practices, and strategies to manage expenses. The results revealed that high textbook costs significantly affect students’ financial well-being and academic success. Many students perceive these costs as unreasonable, leading to financial strain. Students employ various strategies to manage these expenses, including purchasing from vendors other than the campus bookstore, renting, or sharing books with classmates. This study underscores the need for enhanced support and resources to alleviate the financial burden of textbook costs on students, contributing valuable insights to the literature on this subject.
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spelling doaj.art-ff7bff0713924a4cbdaaa02c5b49db602023-11-17T10:19:54ZengInternational Council for Open and Distance Education (ICDE)Open Praxis1369-99972304-070X2023-07-01152The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 InstitutionLeo S. Lo0Jennifer Jordan1Holly Surbaugh2University of New Mexico-AlbuquerqueUniversity of New Mexico-AlbuquerqueUniversity of New Mexico-Albuquerque The cost of textbooks is a significant concern for undergraduate students, particularly at institutions serving marginalized populations. This study explores this issue at the University of New Mexico, a Hispanic-Serving R1 institution. A comprehensive survey was conducted among undergraduate students to understand their perceptions of textbook costs and its impact on their academic success. The survey covered aspects such as the perceived reasonableness of costs, budgeting practices, and strategies to manage expenses. The results revealed that high textbook costs significantly affect students’ financial well-being and academic success. Many students perceive these costs as unreasonable, leading to financial strain. Students employ various strategies to manage these expenses, including purchasing from vendors other than the campus bookstore, renting, or sharing books with classmates. This study underscores the need for enhanced support and resources to alleviate the financial burden of textbook costs on students, contributing valuable insights to the literature on this subject. https://account.openpraxis.org/index.php/up-j-op/article/view/554Undergraduate studentstextbook costsstudent successopen educational resourcesHispanic-Serving Institution
spellingShingle Leo S. Lo
Jennifer Jordan
Holly Surbaugh
The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
Open Praxis
Undergraduate students
textbook costs
student success
open educational resources
Hispanic-Serving Institution
title The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
title_full The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
title_fullStr The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
title_full_unstemmed The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
title_short The Cost of Success: Exploring the Impact of Textbook Costs at a Hispanic-Serving R1 Institution
title_sort cost of success exploring the impact of textbook costs at a hispanic serving r1 institution
topic Undergraduate students
textbook costs
student success
open educational resources
Hispanic-Serving Institution
url https://account.openpraxis.org/index.php/up-j-op/article/view/554
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