Rental Textbooks

By: AP
By: AP

GRAND RAPIDS, Mich. (AP) -- The bookstore at Grand Rapids Community College will rent out some textbooks this fall, giving students a chance to avoid the cost of buying them.

Follett Corp.'s Higher Education Group is testing the system at six of the 860 college bookstores it runs.

Students can rent a new or used book for 42.5 percent of the retail price.

Company spokesman Elio DiStaola says if the pilot program works, Follett could expand the number of stores and books covered by January.

Charles Schmidt of the National Association of College Stores in Oberlin, Ohio, tells The Grand Rapids Press few stores rent books now, but the number is growing.

He says the U.S. government has set aside $10 million for pilot book-rental projects.


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