This document summarizes a panel discussion on developing partnerships between academic libraries and open educational resources (OER). The panelists discussed how their institutions partner with faculty to adopt, adapt, and create OER to reduce costs for students. They highlighted challenges like textbook companies pushing back and securing long-term funding. Panelists saw trends in statewide OER initiatives and K-12 adoption of OER. Data showed that OER can save millions for students over several years while maintaining academic outcomes.