the textbook cost crisis #ztcdegree
Post on 15-Jul-2015
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@txtbks | sparc.arl.org
textbookcost crisis
Nicole Allen (nicole@sparc.arl.org)
Director of Open Education, SPARC
Except where otherwise
noted...
the
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higher ed is important
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higher ed is expensive
@txtbks | sparc.arl.orgSource: CNN Money
@txtbks | sparc.arl.orgSource: New America Foundation
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$1,000
$3,000
$5,000
$7,000
$9,000
1988199019921994199619982000200220042006200820102012
State Funding
Tuition Revenue
US Public Higher Education
Funding - $/Undergrad FTE
Data source: State Higher Education Officers Association
Slide source: @dernst, adapted under CCBY
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Average Estimated Undergraduate
Budgets, 2014-15
Source: College Board
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Cost Factors:
Tuition and Fees
Room and Board
Transportation
Books and Supplies
@txtbks | sparc.arl.org
Cost Factors:
Tuition and Fees
Room and Board
Transportation
Books and Supplies
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Average Estimated Undergraduate
Budgets, 2014-15
Source: College Board
Books & Supplies = $1,328
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Average Estimated Undergraduate
Budgets, 2014-15
Source: College Board
Books & Supplies = $1,225
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Page 6 GAO-13-368 College Textbooks
course materials may also be limited given their uniqueness to a particular course on a particular campus.
In 2005, based on data from the Bureau of Labor Statistics, we reported that new college textbook prices had risen at twice the rate of annual inflation over the course of nearly two decades, increasing at an average of 6 percent per year and following close behind increases in tuition and fees.8
Figure 1: Estimated Increases in New College Textbook Prices, College Tuition and Fees, and Overall Consumer Price Inflation, 2002 to 2012
More recent data show that textbook prices continued to rise from
2002 to 2012 at an average of 6 percent per year, while tuition and fees increased at an average of 7 percent and overall prices increased at an average of 2 percent per year. As reflected in figure 1 below, new textbook prices increased by a total of 82 percent over this time period, while tuition and fees increased by 89 percent and overall consumer prices grew by 28 percent.
8These price increases occurred from December 1986 to December 2004. See GAO-05-806.
Pricing and Spending
@txtbks | sparc.arl.orgSource: Student PIRGs
@txtbks | sparc.arl.orgPhysics: Principles With Applications, 7th Edition by Douglas C. Giancoli
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@txtbks | sparc.arl.orgImage © from http://www.cnn.com/2013/06/28/showbiz/heat-director-buddy-cop/
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Market Failure
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Market Failure
5 major
publishers hold
nearly 90% of
the market
Source: Turning the Page by James Koch
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“less than one third of students
believed that using e-textbooks
significantly improved their
learning or engagement in a
course”
Market Failure
Source: EDUCAUSE
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2 in 3Students say they decided against
buying a textbook because the cost is too high
Source: Student PIRGs
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1 in 2Students say they have at some point taken fewer courses due to the cost of
textbooks
Source: Florida Virtual Campus
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<1 in 2Students purchase a current
edition of their textbook
Source: Book Industry Study Group
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Students don’t learn
from materials they can’t afford
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We can do better.
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OPEN
EDUCATIONAL
RESOURCES
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Hewlett Foundation Definition:
“OER are teaching, learning, and
research resources that reside in the
public domain or are released under an
intellectual property license that permits
their free use and repurposing by
others”
@txtbks | sparc.arl.org
Hewlett Foundation Definition:
“OER are teaching, learning, and
research resources that reside in the
public domain or are released under an
intellectual property license that permits
their free use and repurposing by
others”
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Free + 5R Permissions
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Free + 5R Permissions• Retain
• Reuse
• Revise
• Remix
• Redistribute
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Average Estimated Undergraduate
Budgets, 2014-15
Source: College Board
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$1.2 Billion
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higher ed is important
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