Students at schools throughout the country have tried tackling the issue by creating вЂBuy and SellвЂ™ groups on Facebook, but Serghiou called this tactic вЂineffectiveвЂ™ due to lack of organization. вЂњInstead of me having the book sit there and getting nothing or bringing it to the book store and getting pennies, I can actually resell it to another student and maximize its value,вЂќ he said.Д®very year in the United States, the average college student spends approximately $1,200 on textbooks and as much as $200 for one book alone, according to the College Board. However, Serghiou added that, in most cases, he had to sell his books back to the store for extremely low prices - an issue NeoBook aims to resolve. вЂњSometimes in prior years I got lucky where someone would approach me and buy a book from me.вЂќ вЂњI was really just fed up with how expensive textbooks were,вЂќ the co-founder said. Serghiou told The Pappas Post that the duo came up with the idea after they collectively spent more than $1,300 on their own textbooks and other school supplies in 2016. In May 2017, Agathoclis вЂњAgyвЂќ Serghiou and Neophytos Zambas launched NeoApp, a mobile app that provides a secure and convenient marketplace where only students are allowed to buy and sell textbooks with each other. Prices have soared so much that more and more students scarcely have any money left to put toward textbooks, which inspired two college alumni from the College of New Jersey (TCONJ) to take to the App Store and create a solution. For many students at American universities, the costs of higher education have become increasingly burdensome with expensive price tags for housing, tuition, meal plans and so on.

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