I have also considered having the contents printed on a range of leaflets and then bound together with a rubber band. Again this gives the advantage of being able to customise content to individual student. the downside to this is the student is at risk of loosing leaflets if they are not bound.
Another option that would give the publication a high-end feel could be to use a Japanese slab stitch or chicago/binding screws. Both these solutions would work for the prospectus/look book but not for the journal as it would not lend itself to lie flat.
I also like the concertina pages for the Prospecus as below as you can use a contrasting colour inside. The cost of course would be higher for this solution. The book could be something David takes with him to schools to show the Head-teachers /Heads of music rather than actually leaving onsite. There could be a leaflet accompanying to leave for information.
I've found a supplier of binding screws here