Wednesday, January 31, 2007

Monopoly on Campus

Years ago when I was a college student we actually had three competing book stores on campus including the university-0wned book store, one owned by a fraternity alum of mine, and a smaller one near the campus town area so overall we students probably received a good deal on text book prices. Today's $7.7 billion college text book industry is built on the fact that students spend an average of $807.00 (see "History" section in the website below) annually on textbooks more book store competition is always helpful so I am promoting this start up company I recently read about:

http://www.beatthebookstore.com/

This book store operation -- founded at Utah Valley State by Mike Winward and David Monk- uses a franchise model to expand onto campuses around the country. It is encouraging to see these entrepreneurs take on what are usually government-owned (at the state universities) book stores.

Go to class,

Todd

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