Fixing the Broken Textbooks Market: How Students Respond to High Textbook Costs and Demand AlternativesPosted in Open Access, Publishing, Reports and White Papers on January 30th, 2014
The U.S. PIRG Education Fund has released Fixing the Broken Textbooks Market: How Students Respond to High Textbook Costs and Demand Alternatives.
Here's an excerpt from the announcement:
Today, a survey released by the U.S. PIRG Education Fund shows that 65% of student consumers have opted out of buying a college textbook due to its high price, and of those students, 94% they suffer academically.
Over the past decade, college textbook prices have increased by 82%, or at three times the rate of inflation. . . .
Open textbooks are faculty-written and peer-reviewed like traditional textbooks, but they are published under an open license, meaning they are free online, free to download, and affordable in print. 82% of survey respondents said they would do significantly better in a course if the textbook were free online and a hard copy was optional, which is exactly how open textbooks work.