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Thoughts on OER and Cost Savings
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Yesterday, Phil Hill wrote about OpenStax’s new method for calculating the savings students see when their faculty adopt OER. Welcome Change: OpenStax using more accurate data on student textbook expenditures His article highlights these paragraphs from Rice University’s recent press release: Our community is creating a movement that will make a big impact on college affordability. The success of open textbooks like OpenStax have ignited competition in the textbook market, and textbook prices are actually falling for the first time in 50 years.As a result of the unprecedented downward shift in textbook prices, OpenStax will be decreasing its estimated student...