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Textbook prices have skyrocketed over the past few years, which has led 71% of students to ask their parents for money, 41% to skip meals and 31% to take fewer classes to afford their reading material, according to a new survey by Morning Consult for Cengage, an online textbook company.

Expand chart
Adapted with updated data from an American Enterprise Institute report; Chart: Axios Visuals

The big picture: The vast majority of current and former college students think their textbooks are overpriced and 85% said buying their books is at least somewhat financially stressful. Of the 1,651 current and former students surveyed, a majority told Morning Consult they didn't buy what was required, purchased outdated copies, or shared with classmates.

Go deeper

Updated 14 mins ago - Technology

Facebook refers Trump ban to independent Oversight Board for review

Photo: Alex Edelman/AFP via Getty Images

Facebook's independent Oversight Board has accepted a referral from the platform to review its decision to indefinitely suspend former President Trump.

Why it matters: While Trump critics largely praised the company's decision to remove the then-president's account for potential incitement of violence, many world leaders and free speech advocates pushed back on the decision, arguing it sets a dangerous precedent for free speech moving forward.

Biden plans to keep Christopher Wray as FBI director

FBI Director Christopher Wray at a virtual DOJ news briefing on Oct. 28. Photo: Sarah Silbiger/pool/AFP via Getty Images

President Biden plans to keep Christopher Wray as director of the FBI, CNN first reported and an administration official confirmed to Axios.

The big picture: Wray, who was nominated by former President Trump in 2017 after he fired former FBI Director James Comey, came under heavy criticism from Trump and his allies over the past year.

3 hours ago - World

Netanyahu and Israel reluctantly adjust to a post-Trump Washington

Netanyahu (R) and Biden in 2010. Photo: Avi Ohayon/GPO via Getty

Prime Minister Benjamin Netanyahu and his close aides are very nervous about the transition to a new U.S. administration after a four-year honeymoon with Donald Trump. One Israeli official told me it felt like going through detox.

What he's saying: Netanyahu congratulated Biden minutes after he was sworn in, saying in a statement that he looked forward to working together to "continue expanding peace between Israel and the Arab world and to confront common challenges, chief among them the threat posed by Iran."

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