The document outlines the benefits and challenges of open educational resources (OER). The benefits are that OER provide peace of mind by ensuring materials are licensed, allow students to preview materials, showcase research widely, provide social and educational opportunities for all, and enhance a university's reputation. The challenges are the non-revocable nature of Creative Commons licenses, lack of public understanding, needing continual funding to sustain OER, determining the quality of OER-based classes, and assessing the quality of OER.