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The Textbook Cost Crisis #ZTCDegree

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Overview of "the problem" for #ZTCDegree

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The Textbook Cost Crisis #ZTCDegree

  1. 1. @txtbks | sparc.arl.org textbook cost crisis Nicole Allen (nicole@sparc.arl.org) Director of Open Education, SPARC Except where otherwise noted... the
  2. 2. @txtbks | sparc.arl.org higher ed is important
  3. 3. @txtbks | sparc.arl.org higher ed is expensive
  4. 4. @txtbks | sparc.arl.org Source: CNN Money
  5. 5. @txtbks | sparc.arl.org Source: New America Foundation
  6. 6. @txtbks | sparc.arl.org $1,000 $3,000 $5,000 $7,000 $9,000 1988199019921994199619982000200220042006200820102012 State Funding Tuition Revenue US Public Higher Education Funding - $/Undergrad FTE Data source: State Higher Education Officers Association Slide source: @dernst, adapted under CCBY
  7. 7. @txtbks | sparc.arl.org
  8. 8. @txtbks | sparc.arl.org Average Estimated Undergraduate Budgets, 2014-15 Source: College Board
  9. 9. @txtbks | sparc.arl.org Cost Factors: Tuition and Fees Room and Board Transportation Books and Supplies
  10. 10. @txtbks | sparc.arl.org Cost Factors: Tuition and Fees Room and Board Transportation Books and Supplies
  11. 11. @txtbks | sparc.arl.org Average Estimated Undergraduate Budgets, 2014-15 Source: College Board Books & Supplies = $1,328
  12. 12. @txtbks | sparc.arl.org Average Estimated Undergraduate Budgets, 2014-15 Source: College Board Books & Supplies = $1,225
  13. 13. @txtbks | sparc.arl.org Figure 1: Estimated Increases in New College Textbook Prices, College Tuition and Fees, and Overall Consumer Price Inflation, 2002 to 2012 prices grew by 28 percent.
  14. 14. @txtbks | sparc.arl.org Source: Student PIRGs
  15. 15. @txtbks | sparc.arl.org Physics: Principles With Applications, 7th Edition by Douglas C. Giancoli
  16. 16. @txtbks | sparc.arl.org
  17. 17. @txtbks | sparc.arl.org
  18. 18. @txtbks | sparc.arl.org
  19. 19. @txtbks | sparc.arl.org
  20. 20. @txtbks | sparc.arl.orgImage © from http://www.cnn.com/2013/06/28/showbiz/heat-director-buddy-cop/
  21. 21. @txtbks | sparc.arl.org
  22. 22. @txtbks | sparc.arl.org Market Failure
  23. 23. @txtbks | sparc.arl.org Market Failure 5 major publishers hold nearly 90% of the market Source: Turning the Page by James Koch
  24. 24. @txtbks | sparc.arl.org “less than one third of students believed that using e-textbooks significantly improved their learning or engagement in a course” Market Failure Source: EDUCAUSE
  25. 25. @txtbks | sparc.arl.org 2 in 3 Students say they decided against buying a textbook because the cost is too high Source: Student PIRGs
  26. 26. @txtbks | sparc.arl.org 1 in 2 Students say they have at some point taken fewer courses due to the cost of textbooks Source: Florida Virtual Campus
  27. 27. @txtbks | sparc.arl.org <1 in 2 Students purchase a current edition of their textbook Source: Book Industry Study Group
  28. 28. @txtbks | sparc.arl.org Students don’t learn from materials they can’t afford
  29. 29. @txtbks | sparc.arl.org We can do better.
  30. 30. @txtbks | sparc.arl.org OPEN EDUCATIONAL RESOURCES
  31. 31. @txtbks | sparc.arl.org Hewlett Foundation Definition: “OER are teaching, learning, and research resources that reside in the public domain or are released under an intellectual property license that permits their free use and repurposing by others”
  32. 32. @txtbks | sparc.arl.org Hewlett Foundation Definition: “OER are teaching, learning, and research resources that reside in the public domain or are released under an intellectual property license that permits their free use and repurposing by others”
  33. 33. @txtbks | sparc.arl.org Free + 5R Permissions
  34. 34. @txtbks | sparc.arl.org Free + 5R Permissions • Retain • Reuse • Revise • Remix • Redistribute
  35. 35. @txtbks | sparc.arl.org Average Estimated Undergraduate Budgets, 2014-15 Source: College Board
  36. 36. @txtbks | sparc.arl.org $1.2 Billion
  37. 37. @txtbks | sparc.arl.org higher ed is important

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