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School Textbook Inflation Soaring

The average price of an English textbook for California public school students has increased more than 200 percent in the past ten years. That´s according to an investigation by the San Jose Mercury News.

Rising textbook costs are outpacing inflation, home prices and teacher salaries.

Math book prices have risen 156 percent. Publishers say meeting California´s new academics standards is expensive. But the newspaper says publishing house mergers may have fueled the problem. And the state´s school board doesn´t bother to haggle for the best deal.

California spends as much as $400 million a year on books for its six million students.