According to the notes from a hearing held in February 2008, the average cost for textbooks in the State University of New York system (SUNY) is $900 per year. If we are conservative and say that $300 of those $900 dollars are for things that cannot be easily replaced (lab books, workbooks, CDs, unique books, etc.) that still amounts to $2400 over the course of four years that could be saved if the text books were made Open Source. For that price the student could buy a laptop capable of everything they'd need over four years at school (a Macbook with bumped up memory and Apple Care protection plan is around $1200 after the student discount, Dell would likely be less for a comparable configuration) and a Kindle and still have money left over for beer.
Link to SUNY Investigation: http://www.suny.edu/files/sunynewsfiles/txt/TextbooksTestimo...