Online: Free Print: $26.98 • Table of contents, chapters, exercises • Written by experts • Edited and reviewed to be high-quality 1. Like regular textbooks:
Online: Free Print: $19.95 • Available free online to everyone • Downloadable and printable at cost • Hard copies cost$20-30 2. Except affordable:
Online: Free Print: $19.95 • Open license • Instructors can customize by adding, editing or removing. • Update faster and only when needed 3. And flexible:
• Open textbooks reduce costs by 80% average. • Accommodate the preferences of all students. New Student PIRG study:
Savings from switching to open textbooks. $10,114 $75,000 401(k) after 40 years $20,115 Down Payment On First Home $24,575 4 Years Tuition At Iowa State 401(k) Economics 90 Students Calculus 150 Students Physics 185 Students
• Personal motivation • Sabbatical projects or grant funding • Count toward faculty tenure? Individual authors Robert Beezer “ The world doesn’t need another linear algebra book. It needs a free one.” linear.ups.edu
• Work with other institutions or states with similar needs. • Two ideas: split up the work or pool resources. Consortia Community College Consortium for OER More than 200 colleges working to review, create and promote OER. oerconsortium.org
• Hewlett, Soros, Gates... • Grants to existing projects. • Request proposals for specific books. Charitable Grants Customizable “flex books” that meet state standards. “ It simply makes more sense.” ck12.org
• Redirect existing funds (NSF, FIPSE). • Invest new funds (state and federal). Gov ’t Funding WA state project to create a library of 81 open courses. “ The return on our investment is going to be extraordinary.”
• Lots of room for improvement over traditional model. • Two ideas: sell ancillary products or licensing fees. Publishers Commercial open textbook publisher Revenue (including royalties) from selling optional print copies, study aids. flatworldknowledge.com
• Are your textbooks up to date? Are they perfect for your state needs? • How many Geometry textbooks do we really need? • It costs $250,000 to $1 million to create a textbook – how much is your state budget? 50 states? Things to think about:
MODELS FOR OPEN COURSE MATERIALS Nicole Allen The Student PIRGs (401) 484-8104 • [email_address] www.studentpirgs.org/open-textbooks
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