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Textbook Case of Inflation Hammering Students: Chart of the Day

The cost of college textbooks has more than doubled since the end of 2001 even as prices for other books retreated, illustrating soaring tuition isn’t the only thing to blame for rising higher education bills as the school year begins.

The CHART OF THE DAY shows university textbook prices surged 102 percent through July from December 2001 while the costs for recreational books declined 1.5 percent. Over the same period, the consumer price index measuring the cost of all goods and services rose 32 percent.