About
Packback allows college students to "pay per use" for their digital textbooks by renting for $3-$5 per day, while enabling publishers to recoup revenue lost to the secondary used book market. Any money students spend on daily rentals can be directly converted towards an extended semester or year-long rental of that same digital title. Why? Textbook prices have risen 812% since 1978, while national college student debt has surpassed $1.2 trillion. The used book market has emerged as the go-to solution for college students seeking cheap textbooks. However, the used book market has fueled a drastic revenue situation in which publishers today lose $5.5 billion of the $8.2 billion high education textbook market. By offering an affordable alternative to the used book market, Packback allows students to save money and make timely purchasing decisions, while publishers recapture revenue lost to the used market.