the textbook cost crisis #ztcdegree

@txtbks | sparc.arl.org

textbookcost crisis

Nicole Allen ([email protected])

Director of Open Education, SPARC

Except where otherwise

noted...

the


higher ed is important


higher ed is expensive

@txtbks | sparc.arl.orgSource: CNN Money

@txtbks | sparc.arl.orgSource: New America Foundation


$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


Average Estimated Undergraduate

Budgets, 2014-15

Source: College Board


Cost Factors:

Tuition and Fees

Room and Board

Transportation

Books and Supplies



Budgets, 2014-15


Books & Supplies = $1,328



Budgets, 2014-15


Books & Supplies = $1,225


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

@txtbks | sparc.arl.orgImage © from http://www.cnn.com/2013/06/28/showbiz/heat-director-buddy-cop/


Market Failure


Market Failure

5 major

publishers hold

nearly 90% of

the market

Source: Turning the Page by James Koch


“less than one third of students

believed that using e-textbooks

significantly improved their

learning or engagement in a

course”

Market Failure

Source: EDUCAUSE


2 in 3Students say they decided against

buying a textbook because the cost is too high

Source: Student PIRGs


1 in 2Students say they have at some point taken fewer courses due to the cost of

textbooks

Source: Florida Virtual Campus


<1 in 2Students purchase a current

edition of their textbook

Source: Book Industry Study Group


Students don’t learn

from materials they can’t afford


We can do better.


OPEN

EDUCATIONAL

RESOURCES


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”


Free + 5R Permissions


Free + 5R Permissions• Retain

• Reuse

• Revise

• Remix

• Redistribute



Budgets, 2014-15



$1.2 Billion


higher ed is important

the textbook cost crisis #ztcdegree

Education

orgsource http

image source

orgdata source

clas source

orggraph source

org3 source

educa source

undergrad ftedata source