Updated 2026-02-28 · 5 min read
Chegg Study costs $19.95/month — that's $239.40/year for homework answers and textbook solutions. Here's the uncomfortable truth: Chegg's stock has dropped 99% from its peak because AI chatbots now do everything Chegg charges for — for free. If you're still paying, you're subsidizing a dying business. Here's how to cancel.
Chegg's stock went from $115 (2021) to under $2 (2025). Subscribers dropped from 8.2 million to under 4 million. The company publicly blamed ChatGPT for destroying their business model. You are paying $20/month for something AI does better, for free.
Chegg bundles multiple services: Chegg Study, Chegg Study Pack, Chegg Writing, Chegg Math. Make sure you cancel ALL active subscriptions, not just one. Each one bills separately.
Chegg has cooperated with universities to identify students who copied homework answers. They've provided student account data to schools investigating academic integrity violations. Several universities have expelled students based on Chegg usage records. Canceling also reduces this risk.
If you want to delete your account entirely (recommended for privacy):
When canceling, Chegg typically offers:
None of these are worth taking. Free AI tools are strictly better than Chegg at any price.
Most students sign up for Chegg at the start of a semester and forget to cancel after finals. That means you're paying $60-80 during summer break for a service you don't use. If you must keep Chegg, cancel after every finals week and re-subscribe when classes start.
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