This document discusses open educational practices in psychology. It notes that the cost of higher education has risen significantly, with the average student debt in Canada being $28,495. When student debt reaches $10,000, program completion rates drop from 59% to 8%. Open educational resources (OER) such as open textbooks can help address these issues by lowering costs for students. OER allow students to legally access, reuse, revise and redistribute educational materials. Several studies show that students learn the same or better with OER as with traditional textbooks, while saving a significant amount of money.