Should You Rent Your Textbooks?

Going by the book for college textbook savings no longer requires buying the book. Students facing a hefty annual bill for books can save an average 30% to 50% by renting that required reading.

“This is the year of the textbook rental,” says Charles Schmidt, a spokesman for the National Association of College Stores. About 1,500 of the trade group’s more than 3,000 member stores will offer a rental program, up from 300 last year. That includes the 637 stores Barnes & Noble’s (BKS: 14.76*, -0.26, -1.73%) college division operates nationwide. Online rental companies are also reporting a spike. Comparison search site Cheap-Textbooks.com reports a 300% increase in book-rental orders compared with last year.

Read more: Should You Rent Your Textbooks? - Personal Finance - College Planning - SmartMoney.com http://www.smartmoney.com/personal-finance/college-planning/should-you-rent-your-textbooks/#ixzz0vqdwFczZ

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