Chegg.com Saves Customers More on Textbooks in January 2009 Than Entire Calendar Year of 2008

Savings solutions in higher demand as colleges increase tuition and families tighten their purse strings

SANTA CLARA, Calif., Feb. 24 /PRNewswire/ -- Chegg.com, the number one online textbook rental company saved customers more money on textbooks in January than it did the entire calendar year of 2008. In the Spring 2009 semester Chegg.com saved students $17 million, by renting and selling textbooks. This is a huge proof point on the demand for saving solutions, considering in 2008 alone, student's saved over $16 million by renting their textbooks from Chegg.com. The current economy has caused tuition increases and families are only buying essential items. Now more than ever, college students are in desperate need of affordable textbooks.

"Chegg.com is helping students and families stretch their dollars as tuition increases and the economy weakens," said Osman Rashid, CEO of Chegg.com. "Textbooks are a big expense for students and Chegg.com is helping students save up to 85%, making education more affordable for the average student. We are proud to announce that Chegg.com has already helped students save more on textbooks in the Spring 2009 semester than the entire calendar year of 2008."

Chegg.com is helping students at over 4,000 university campuses nationwide, every state and in more than 10,000 cities. The number one online textbook rental company, Chegg.com allows college students to rent as many textbooks as they like with just a few clicks, delivering them straight to students' door. By renting textbooks through Chegg.com, students can save up to 85 percent on their textbook bills. The convenience of renting your textbooks means free return shipping and no disappointment at the end of the semester when students try to sell their books back.

"It was more important to me this semester, than the previous ones, to make sure I am saving as much money on school as possible," said Courtney Cuellar from Cuyamaca College in San Diego. "Chegg.com is the only supplier of textbooks helping me save money on my textbook rentals/purchases, especially important in this current economy."

Although renting textbooks is already an environmentally conscious action, Chegg.com also plants a tree for every book rented through their partnership with American Forests Global ReLeaf project. By planting a tree for every book that's rented, Chegg.com is helping replace the dent textbook production is having on Mother Nature. So far, just from 2008, Chegg.com has planted over 750 acres, or the equivalent of 150 city blocks, of trees.

About Chegg.com

Chegg.com is the number one textbook rental company. Chegg.com founded in 2005, launched its textbook rental service in July 2007. Chegg.com has saved students at 4,000 plus campuses nationwide, millions of dollars. With over 1 million books to choose from, Chegg.com makes renting and returning textbooks as easy as a click of a mouse. On top of added savings, Chegg.com will plant a tree for every book rented. To date Chegg.com has funded the planting of over 750 acres, the equivalent of 150 city blocks, of trees. For more on Chegg.com, log on to www.Chegg.com.

    Media Contact:
    Melissa Smolensky
    Porter Novelli
    512-423-3382
    melissa.smolensky@porternovelli.com