For 1500 2-disc sets (3000 CDs total), you'll definitely want to get it done professionally. Just purchasing 3000 blank CDRs is going to cost a good chunk of change, and that's without putting a price on all the time it would take to burn all of those discs on a computer drive.
If you want to go DIY style, at least get the actual CDs done by a replicator. I actually work at one (COPYCATS Media in Minneapolis). I'm not in the sales department anymore, so I don't know the exact prices, but I believe you can get 1000 bulk CDs for about $500. This also includes the screen print on the disc label. With 3000 CDs would probably run at about $1500 total. That would use up about half of your budget.
You could then decide if you want to use the rest of your money to print and package it by yourself, or to get that done professionally, too.
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