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2019-20 Academic Year Shows Students Spend Less on Materials Per Course
OBERLIN, OHIO (June 25, 2020) —College student total spending on required course materials declined slightly from the previous academic year while the average spend per course dropped 6%, according to the Student Watch™: Attitudes and Behaviors toward Course Materials: 2020 Report, the National Association of College Stores’ (NACS) annual survey of college students. During the 2019-20 academic year, students spent an average of $413 on required materials, compared to $415 in 2018-19.
Since the 2007-08 academic year, student spending on course materials has dropped about 41%. With the exception of 2015-16, each year showed a significant decline in spending from the previous year.
“The Student Watch data also showed that students enrolled in more courses this year, which likely affected their overall spending on course materials,” said Brittany Conley, research analyst, NACS OnCampus Research. “Averaged out, students spent $47 per course on materials this year, compared to $50 per course last year.”
Funded by the NACS Foundation, Student Watch™ is developed by OnCampus Research™, the research arm of the National Association of College Stores. Other highlights from the report, which compiled responses from approximately 14,200 college students attending 35 two- and four-year colleges and universities in the U.S., include:
Members of the media interested in a copy of the report should email publicrelations@nacs.org.
About The National Association of College Stores: The National Association of College Stores (NACS) is the professional trade association representing the collegiate retailing industry. NACS represents campus retailers and industry-related companies that supply course materials and other merchandise and services to campus stores. NACS provides education and other resources that help its member stores support student success, the campus experience, and the missions of higher education institutions.
About The NACS Foundation: In operation for almost four decades, the NACS Foundation is the only philanthropic resource for the campus store industry. Since its inception, it has disbursed more than $3 million for industry education and research, and awarded more than 3,000 professional development grants to college store professionals.