CampusBookRentals.com (CBR), which describes itself as being like Netflix for textbooks, rents textbooks to college students for prices that can be more than 50% off the purchase price. The company is an early entrant in the burgeoning market of textbook rental, where students pay to keep books for a certain period of time.
This year’s Deal Radar series begins with a company that is direct competition for your campus bookstore, Chegg. Chegg is an online textbook rental company whose name is a play on the well-known conundrum of which came first, the chicken or the egg. Founded in 2003 by Aayush Phumbhra, Josh Carlson, and Osman Rashid, Chegg
Harvard, Syracuse and the University of Toronto are just a few North American institutions reporting that a record number of students have applied for fall 2009 admission. But as the economy flounders and endowments drop, more students than ever are also applying for financial aid. One company aims to make it both easier to apply