In 2015 there were roughly 20 million students in the United States. Why is this significant? According to this release from Lumen Learning, which is similar to others I've seen, the use of open educational resources - specifically, open textbooks - saved 4,825 students some $535,000 in that same year. That's more than $1,000 per student, which means that this program alone, if applied nationally in the U.S. would save students $20 billion - with a B. Now this number is probably high - the average student spends only $900 on textbooks, and the entire market size is only $14 billion, so we're not going to hit $20 billion. But no matter what, the numbers are staggering. Which begs the question: why is this not happening?
Today: 0 Total: 20 [Direct link] [Share]
View full size
