I'm an english lit student, so it'd be hard to get by without the text! If you're a literature student then I assume you'd be taking the text anyway!
But last year I did Psychology, and we had a big ol textbook that we very rarely had to take to class with us, and were told in advance if we were.
Also, don't go out and buy all the books until you're sure you need them all. I know lots of people bought every book on the list and found that some were used once or twice only as a reference, and could easily be used in the library.