Pearson will partner with Chegg, the online textbook rental company, "to make its higher education textbooks more affordable to use, as part of a new 'rental-only' model," the Bookseller reported. Effective this fall in the U.S. market, print and e-book versions of approximately 50 editions of "high-volume" Pearson titles will be available to rent through Chegg.
Tim Bozik, president, global product at Pearson, said the program, "along with Pearson's other affordability initiatives, provide faculty and students with quality Pearson materials at an affordable price point."
Chegg CEO Dan Rosensweig said the partnership will "accelerate our ability to make high quality education resources accessible to every student. We applaud Pearson's recent moves to focus on the financial needs of students while also embracing the new and innovative pricing models and channels that meet the needs of today's students."