This document summarizes Nicole Allen's presentation on the state of open education at OpenCon 2014. It discusses the history and definitions of open educational resources (OER) and open education. It provides data showing the high costs of textbooks increasing much more than tuition or overall inflation. It also shares statistics on the number of open educational initiatives and resources available, including open textbooks, courses, and Creative Commons licensed works. Finally, it discusses policies supporting OER and evidence that OER can lead to cost savings and better educational outcomes for students.