'Netflix for Textbooks' Subscription Service Can Save Students Big
Cengage can save students nearly 50% on course materials
From the LifeMinute.TV Team
August 12, 2019
College affordability continues to play a leading role in the American political and social climate, with U.S. student loan debt now a whopping $1.5 trillion. As students across the country head back to campus this fall, finding a way to pay the rising costs is a growing burden for many. And it’s not just tuition and housing. Students say textbook costs are their top source of financial stress after paying the tuition bill.
In fact, some students say textbook costs are so out of reach that they’ve stopped buying them at all. And nearly half say they skip meals to pay for books. The education and technology company Cengage has taken a new approach to help students solve this problem. The company launched Cengage Unlimited, a first-of-its-kind subscription service for college textbooks and course materials. We chat with Cengage CEO, Michael Hansen, to find out more about how his company is helping students lower the burden of paying for college.