by National Association of College Stores and Student Monitor
Student Spending on Course Materials has Declined Significantly over Past 10 Years, from about $700 to $500 Annually. Average Amount Spent on Each Course Material Unit Declines from $66 in 2016-2017 Academic Year to $64 in the 2017-2018 Academic Year. According to two new studies, college students spent an average of $500 on textbooks and course materials during the 2017-2018 academic year. This new data, from the National Association of College Stores (NACS) and independent research firm Student Monitor®, found that student spending on materials declined for the third consecutive year. The average amount students spent on a course material unit was $64 – a 3% decline over the prior academic year according to Student Monitor.
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