Yeah that is some serious bullshit.

The professors I had that taught out of their own book said that we could buy it from the bookstore, buy a printed copy directly from them at cost for ~$30 (printed on regular copy paper in a three ring binder), print it yourself or just use the digital copy for free.

It's ludicrous to me that there are professors out there just bilking students for as much as possible. That being said I paid a $300 studio fee for the same class and I still had to buy everything myself.