Louisiana State University has released "Elsevier Changes: Message from the Provost."
Here's an excerpt:
During the Faculty Senate's final meeting of the spring semester, senators approved a resolution recommending the cancellation of the subscription package of Elsevier journals. Going forward, the Libraries will subscribe to Elsevier journals on a title-by-title basis, retaining the most highly used journals by the LSU community. The resolution further called for the creation of expedited document delivery to provide fast, unmediated access to articles in journals not on subscription.
The LSU administration supports this course of action. Once the current contract with Elsevier expires at the end of 2019, LSU will break away from the package agreement, and expects to spend $1 million on Elsevier titles, subscribing to fewer journals and providing access to all previously available material through alternate sources.